DoE wrestles with financial guarantees for landfills

The Department of the Environment (DoE) is still struggling to come up with a viable formula for waste regulation authorities (WRAs) to assess the financial integrity of companies under the new waste management licensing system to be introduced next April. Its latest proposals fail to give a clear steer on what financial guarantees would be acceptable.

The need for the guidance arises from section 74 of the Environmental Protection Act 1990. This provides that a waste management licence may be issued only to a "fit and proper" person. One of the tests of whether a prospective licence holder is fit and proper is whether he has made financial provision "adequate to discharge the obligations arising from the licence."

Possible options for waste management operators to provide the necessary

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