Consultation opens on proposed decommissioning regulations
Consultation on proposals for regulations to support the Crown Minerals (Decommissioning and Other Matters) Amendment Bill has now opened.
The Crown Minerals (Decommissioning and Other Matters) Amendment Bill (the Bill) was introduced in the House on 23 June 2021. The Bill proposes changes to strengthen the regulations for decommissioning petroleum infrastructure and wells, under the Crown Minerals Act 1991.
The Ministry of Building, Innovation and Employment (MBIE) is now seeking feedback on proposed regulations to support the Bill. The proposed regulations relate to the decommissioning of petroleum infrastructure and wells, and the development of a post-decommissioning fund.
Submissions close at 5pm Tuesday 24 August 2021.