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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2014 - onwards
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681. Allowance for mine rehabilitation expenditure.

(1)

(a) In this section -

"integrated pollution control licence" means a licence granted under section 83 of the Environmental Protection Agency Act, 1992;

"mine rehabilitation fund", in relation to a qualifying mine, means a fund -

(i) which consists of amounts paid by a person carrying on the trade of working a qualifying mine to another person (in this section referred to as "the fund holder") not connected with the first-mentioned person,

(ii) which is obliged to be maintained under the terms -

(I) of a State mining facility, or

(II) of any other agreement in writing to which the Minister is a party and to which the State mining facility is subject,

(iii) the sole purpose of which is to have available at the time a qualifying mine ceases to be worked such amount as is specified in a certificate given by the Minister under subsection (2) as being the amount which in the Minister's opinion could reasonably be expected to be necessary to meet rehabilitation expenditure in relation to

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