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

Regulations

Financial Provisioning Regulations, 2015

Chapter 2 : Financial Provision

5. Scope of financial provision

 

An applicant or holder of right or permit must make financial provision for—

(a) rehabilitation and remediation;
(b) decommissioning and closure activities at the end of prospecting, exploration, mining or production operations; and
(c) remediation and management of latent or residual environmental impacts which may become known in future, including the pumping and treatment of polluted or extraneous water.