National Environmental Management Act, 1998 (Act No. 107 of 1998)RegulationsFinancial Provisioning Regulations, 2015Chapter 2 : Financial Provision10. Determination of financial provision by applicant |
An applicant must—
| (a) | ensure that a determination is made of the financial provision and the plans contemplated in regulation 6 are submitted as part of the information submitted for consideration by the Minister responsible for mineral resources of an application for environmental authorisation, the associated environmental management programme and the associated right or permit in terms of the Mineral and Petroleum Resources Development Act, 2002; and |
| (b) | provide proof of payment or arrangements to provide the financial provision prior to commencing with any prospecting, exploration, mining or production operations. |