Tuesday, 28 October 2025
Bills
Mineral Resources (Sustainable Development) Amendment (Financial Assurance) Bill 2025
Please do not quote
Proof only
Mineral Resources (Sustainable Development) Amendment (Financial Assurance) Bill 2025
Introduction and first reading
That I introduce a bill for an act to amend the Mineral Resources (Sustainable Development) Act 1990 to introduce a trailing liabilities scheme and require notice of change in control of certain declared mine licensees and to make consequential amendments to that act and the Mineral Resources (Sustainable Development) Amendment Act 2023 and for other purposes.
Motion agreed to.
James NEWBURY (Brighton) (12:08): I seek a brief explanation of the bill.
Lily D’AMBROSIO (Mill Park – Minister for Climate Action, Minister for Energy and Resources, Minister for the State Electricity Commission) (12:08): The Mineral Resources (Sustainable Development) Amendment (Financial Assurance) Bill 2025 amends the Mineral Resources (Sustainable Development) Act 1990 to create a trailing liability scheme that will empower the Victorian government to call back a declared mine licence holder if they have failed in their duty to rehabilitate a declared mine.
Read first time.
Ordered to be read second time tomorrow.