Queensland Numbered Acts

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MINERAL AND ENERGY RESOURCES (FINANCIAL PROVISIONING) ACT 2018 - SECT 4

How main purposes to be achieved

4 How main purposes to be achieved

The main purposes are to be achieved by—

(a) establishing a financial provisioning scheme to deal with the environmental impacts of resource activities (the
"scheme" ), including, for example—
(i) a scheme fund; and
(ii) a cash surety account; and
(b) providing for the appointment of a person to manage the scheme; and
(c) providing for the person mentioned in paragraph (b) to make payments from the scheme fund and the cash surety account, enter into surety arrangements, and call on and release sureties.



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