Current through Register Vol. 54, No.43, October 26, 2024
Section 86.295 - Forfeiture(a) Upon forfeiture under § 86.181 (relating to general), the Department will declare forfeit the amount reserved in the bond credit special account in the Remining Financial Assurance Fund in addition to other bonds posted by the operator to cover the reclamation obligation on a permit.(b) The Department's declaration of forfeiture under this section does not excuse the operator from meeting the requirements of this chapter or the act.(c) Upon declaration of forfeiture and collection of the bond credit, the Department will use the bond money and reserved funds to complete the reclamation of the mine site in accordance with the procedures and criteria in §§ 86.187-86.190.