ADVOKS GLOBAL · KENYA
Environmental Management and Co-ordination (Deposit Bonds)(No. 2) Regulations, 2025
9. Review and approval by the Authority.
Edition: 2025-03-24 · In force
9. Review and approval by the Authority.
(1)The Authority shall, in consultation with the relevant lead agencies, review and make a decision on the Deposit Bond Assessment Report based operational standards set by the Authority.(2)Upon review of the report under subregulation (1), the Authority shall, in writing, communicate its decision—(a)to the operator of the facilities in operation, within thirty days of the submission of the report; and(b)to the proponent of a proposed project, within thirty days after the issuance of the Integrated Environmental Assessment Licence.(3)Where the Authority is satisfied with the contents of the Deposit Bonds Assessment Report, the Authority shall—(a)issue an approval of the Deposit Bond Assessment Report; and(b)issue a notice of the deposit bond payable.(4)Where the Authority is not satisfied with the adequacy or reliability of information provided in the Deposit Bond Assessment Report, the Authority may—(a)make a decision on the basis of the Authority’s estimate of the deposit bond amount; or(b)undertake a reassessment of the deposit bond payable.(5)The project proponent shall pay the deposit bond notified under subregulation (3) to the Restoration Fund within a period of thirty days of the date of the notice or such other period depending on the complexity of the operation, regularity and quantum of payment required.