Section 17: Determining financial capacity

National Environment (Waste Management) Regulations

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Consolidated text

For the purposes of determining the financial capacity of an applicant under regulation 16(4)(a), the Authority shall be guided by (a) the net assets of the applicant as disclosed in the annual returns; (b) audited financial statements of the applicant for the last two years or as applicable; (c) the tax obligations of the applicant; (d) the bank statement of the applicant for the last two years or as applicable; (e) the actual stock in trade of the applicant; and (f) key financial ratios.

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