4.1.3  State / Territory assessments

The process for undertaking of environmental impact and effects assessments and the obtaining of all associated approvals at a State / Territory level, prior to Financial Close, will be driven by the relevant environmental legislation for the particular jurisdiction. However:

(a)  any assessment that may be required after Financial Close, as a result of the private party's design solution, will usually be obtained by the private party; and

(b)  government may agree to cap the private party's exposure to such risk beyond a specified time and cost threshold, but will do so only where delay and/or cost is inordinate and unforeseeable.