National Environmental Management Act, 1998 (Act No. 107 of 1998)
Financial Provisioning Regulations, 2015
Chapter 1 : Definitions and Purpose of the Regulations
2. Purpose of Regulations
The purpose of these Regulations is to regulate the determine and making of financial provision as contemplated in the Act for the costs associated with the undertaking of management, rehabilitation and remediation of environmental impacts from prospecting, exploration, mining or production operations through the lifespan of such operations and latent or residual environmental impacts that may become known in the future.