SEPA consultation on financial provision for waste management activities
SEPA have issued a consultation on changes to requirements for applicants to demonstrate financial provision for waste management activities. They are proposing to change the way in which they calculate financial liability for waste management sites and how they require applicants to demonstrate adequate financial provision for waste management activities. SEPA intend to improve the way in which they assess financial provision in relation to new sites and to apply a new approach to existing sites in certain circumstances.
SEPA are proposing that, where there is greater risk, applicants for or holders of waste management authorisations should be required to ensure funds are ring fenced. This means that steps should be taken to ensure that funds are secure but also available where required.
The proposed changes will be relevant to activities authorised under waste management licences granted under the Environmental Protection Act 1990, and to permits for waste management activities (including landfill activities) granted under the Pollution Prevention and Control (Scotland) Regulations.
Full details HERE.
This consultation closed on 4th December. Please see HERE for the REA response.
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