Section 39, 62 of the Environmental Protection Act, 2008, the Board hereby makes

(1) Every holder of mineral right shall present an updated Mine Closure Plan every two years or at the request of the Board, for review by the Board and the closure cost of areas that have been rehabilitated as contemplated in the Environmental Management Plan and the Mine Closure Plan, shall be eliminated from the budget and the financial assurance reduced or increased accordingly. (2) The holder of the mineral right shall submit for consideration by the Board, modifications to the Mine Closure Plan and associated financial assurance which are required as a result of the modification of the mining activities. (3) The Board through its Executive Chairman or Authorised Officer shall communicate its decision by written notice to the holder of the mineral right within thirty days of submission of the Mine Closure Plan and associated financial assurance.