financial provision definition
financial provision means the insurance, bank guarantee, trust fund or cash that applicants for an environmental authorisation must provide in terms of this Act guaranteeing the availability of sufficient funds to undertake the-
financial provision means the amount which is to be provided in 45
financial provision means the amount which is to be provided in terms of this Act by a holder, holder of an old order right or applicant, guaranteeing the availability of funds to fulfil the obligation to undertake progressive rehabilitation, decommissioning, closure and post-closure activities including the pumping and treatment of polluted or extraneous water to ensure that the State does not become liable for those costs which should be covered by a holder, holder of an old order right or applicant;
More Definitions of financial provision
financial provision means the insurance, hank guarantee, trust fund or cash that applicants for or holders of a right or permit must provide in terms of sections 41 and 89 guaranteeing the availability of sufficient funds to undertake the agreed
financial provision means the insurance, bank guarantee, trust fund or cash that applicants for or holders of a right or permit must provide in terms of sections 41 and 89 guaranteeing the availability of sufficient funds to undertake the agreed work programmes and to rehabilitate the prospecting, mining, reconnaissance, exploration or production areas, as the case may be;
financial provision means [the insurance, bank] a financial guaran- tee, trust fund, [or] cash deposit to a trust fund controlled by the Minister,
financial provision means the insurance, bank guarantee, trust fund or cash that must be provided in terms of NEMA guaranteeing the availability of sufficient funds to undertake the:
financial provision means the amount which is to be provided in terms of this Act, guaranteeing the availability of sufficient funds to undertake progressive rehabilitation, decommissioning, closure and post closure activities for listed and specified activities to ensure the mitigation, remediation and rehabilitation of adverse environmental impacts including latent environmental impacts and residual environmental impacts as well as the pumping and treatment of extraneous and polluted water, where relevant;’’.
financial provision means the insurance, bank guarantee, trust fund 20
financial provision means [the insurance, bank] a financial guaran-