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Financial Assurances Standardised

The Queensland Government recently standardised Financial Assurances required for mining and petroleum projects. The updates stem from the Environmental Protection (Greentape Reduction) and Other Legislation Amendment Act 2012 (the Greentape Reduction Act). The Department of Environment and Heritage Protection have released the Financial Assurance under the Environmental Protection Act 1994 Guidelines. The Guidelines prescribe the amount and form of financial assurances required for resource activities. A copy of the Guideline can be found here: http://www.ehp.qld.gov.au/management/non-mining/documents/fa-guideline.pdf

Financial Assurances Standardised

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