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National Environmental Management Act, 1998 (Act No. 107 of 1998)


Financial Provisioning Regulations, 2015

Chapter 2 : Financial Provision

4. Determination of financial provision


An applicant or holder of a right or permit must determine and make financial provision to guarantee the availability of sufficient funds to undertake rehabilitation and remediation of the adverse environmental impacts of prospecting, exploration, mining or production operations, as contemplated in the Act and to the satisfaction of the Minister responsible for mineral resources.