Regulations pertaining to the Financial Provisioning for the Rehabilitation and Management of Negative Environmental Impacts Associated with Prospecting, Exploration, Mining and the Production of a Mineral, 2014 (GN 940 of 2014).

These Regulations are made under section 4(aG), (aH) read with sections 24(5)(b)(ix), 24P and 24R of the National Environmental Management Act, 1998. They apply to a holder under the Mineral and Petroleum Resources Development Act, 2002 and regulate the method for estimation of the cost and budgeting for costs associated with the management of environmental impacts from prospecting, exploration, mining or production operations through the life of a mine and that may become known in the future. Assessment of costs must be done annually and an annual rehabilitation plan must contain all information set out in Appendix 3 to these Regulations. The final rehabilitation, decommissioning and mine closure plan must contain all information set out in Appendix 4 to these Regulations and an environmental risk assessment must contain all information set out in Appendix 5 to these Regulations.