Financial Assurance Policy | Financial assurances | NSW Environment Protection Authority

Have your say: Draft Financial Assurance Policy

1. Are there any other financial instruments besides bank guarantees and surety bonds that the EPA should accept as a financial assurance (section 2.5)?

Yes

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If yes, please specify the type of instrument and how the EPA could access the funds in the event of default under this instrument.

2. Do you have any comments on the appropriateness of the risk factors in the risk categorisation (appendix 1)? Are there any other factors that should be added to the risk categorisation?

3. Do you have any comments on the appropriateness of the risk factors and examples that are identified as high risk (appendix 1)?

4. Do you have any comments on the financial assurance calculation method for waste-related licensed activities detailed in appendix 2?

5. Is further guidance needed on the financial calculation method for waste-related licensed activities in appendix 2?

Yes

If yes, please provide details on the guidance you think is needed.

6. Do you have any comments on how to ensure financial assurance amounts calculated in appendix 2 are sufficient over time?

7. Is the annual indexing of financial assurances feasible?

Yes

7b. If you have any comments on the annual indexing of financial assurances, please provide them here.

8. Do you have any comments on any other aspects of the Draft Financial Assurance Policy?

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Please note, your feedback on the draft Financial Assurance Policy and Guideline on Estimating Financial Assurances may include ‘personal information.’ The EPA complies with the Privacy and Personal Information Protection Act 1998, which regulates the collection, storage, quality, use and disclosure of personal information. For details see our commitment to privacy and security. If you send us an email, we will record your email address for the purpose of responding to you.

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Draft Financial Assurance Policy

Have your say: Draft Financial Assurance Policy

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