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ARTICLE · 02 OCTOBER 2016

Financial assurance decision stayed without 75% payment

The Court clarified when a financial assurance decision can be stayed without the EA holder providing the 75% payment.

AustraliaReal Estate and Construction

One of the amendments introduced to the Environmental Protection Act (EP Act) by the Environmental Protection (Chain of Responsibility) Amendment Act 2016 (Chain of Responsibility Act) was a requirement that the Land Court could only stay a financial assurance decision if the holder of the environmental authority (EA) had provided 75% of the amount of financial assurance sought by the Department of Environment and Heritage Protection (DEHP).

The Land Appeal Court has now provided guidance on these amendments and on when the Land Court can stay a financial assurance decision without the EA holder providing the 75% payment.

Jonathan Fulcher and Elizabeth Harvey review the decision in Alphadale Pty Ltd v Chief Executive Department of Environment and Heritage Protection [2016] QLAC 6, where HopgoodGanim acted for the successful appellant (the applicant for the stay).

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