The NSW Government is proposing changes to the Contaminated Land Management Act 1997 (NSW).
Some of the changes include increasing the maximum penalty for a company to $1M for some offences and the potential requirement of companies to provide financial assurance (such as bank guarantee) to cover environmental management orders.
If you are a company that develops land in NSW or you think the activities on your land may give rise to contamination, contact our Commercial and Business Lawyer Parramatta for further business legal advice.
Phillip Brophy – phillipb@matthewsfolbigg.com.au or 9635 7966