Shanegoo, my vast apologies, I just found the relevant legislation: 20180605-Risk-Category-Allocation-Information-Sheet-Final-Version-Consultation.pdf I particularly like Exception 1 (b) at the bottom of Clause 5.0, which effectively says that even projects in the highest risk category can just pay the 2.5% of the total calculated rehab cost if they show they cannot obtain a surety (wow).
Obviously this entire approach is structured to force the big coal mines to start paying annual fees and that just those small % fees will end up paying lots more that the current 100% fees on all the other mines.
This is fantastic!!
Obviously the next question is whether therefore all the companies with current 100% FAs can get a refund else they would be treated unfairly. I believe this was done a few years ago in WA.
1000 thumbs up from me to you!!
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