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In forceUpdated to 1 Aug 2025Read it in Bahasa Malaysia
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Part VIII · Post-Closure Stewardship Fund

41. Post-Closure Stewardship Fund

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(1)

A fund to be known as the “Post-Closure Stewardship

Fund” is established and shall be administered and controlled by the Agency.

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(2)

The Fund shall consist of—

(a)

any sums as provided by the Government for the purposes of this Act;

(b)

any injection levy made by offshore operators to the Agency for the purpose of providing financial support to the Government to cover any cost involved in long-term monitoring, corrective measures and remediation measures of the storage site after the transfer of obligations pursuant to section 32 or 40, as the case may be, has occurred; and

(c)

all monies earned from investments financed from the

Fund including interest income.

Report

Read on from s 42

Part IX

Enforcement

Read on from Part IX

Part X

General Provisions

Read on from Part X