National Environmental Management Act, 1998 (Act No. 107 of 1998)RegulationsFinancial Provisioning Regulations, 2015Chapter 2 : Financial Provision15. Timeframes for acknowledgement and consideration of plans and reports related to financial provision |
| (1) | The Minister responsible for mineral resources must— |
| (a) | acknowledge receipt of all plans, reports and findings of reviews and assessments submitted in terms of these Regulations within 10 days of receipt thereof; and |
| (b) | assess any plans, reports and findings of determinations, reviews and assessments of a financial provision submitted in terms of these Regulations, and must approve or reject such a plan, report or financial provision within 60 days of receipt thereof. |
| (2) | Where a plan, report or financial provision is rejected, the Minister responsible for mineral resources must act in accordance with regulation 14(2) and must provide reasons for the rejection and indicate a timeframe not exceeding 45 days within which a revised plan, environmental risk assessment report, audit report or financial provision must be resubmitted for approval. |
| (3) | Upon receipt of a revised plan or report or adjusted findings of a review and assessment of a financial provision, the Minister responsible for mineral resources must reconsider such revised plan, report or adjusted findings in accordance with sub-regulation (1)(b). |