Australian Capital Territory Current Acts

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NATURE CONSERVATION ACT 2014 - SECT 282

Financial assurance condition—claim or realisation

    (1)     This section applies if—

        (a)     a licence is subject to a financial assurance condition; and

        (b)     a population, habitat or ecosystem is seriously or materially damaged because of the licensed activity; and

        (c)     the conservator incurs, or will incur, expenses in repairing the damage; and

        (d)     the damage is the kind of harm for which the financial assurance may be claimed or realised; and

        (e)     the damage was not licensed under this Act.

    (2)     The conservator may recover the reasonable expenses of repairing the damage by making a claim on or realising the financial assurance.



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