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    Financial Provisioning Scheme Manager

    Body Name: Financial Provisioning Scheme Manager
    Body Description: The purpose of the Financial Provisioning Scheme is to improve the State’s management of its financial risk in the event holders of a resource activity environmental authority (holders) or small scale mining tenure (SSMT) fail to comply with their environmental management and rehabilitation obligations. Over time, the scheme will also provide funds to support rehabilitation of abandoned mines and expand research into mine rehabilitation. The scheme manager is responsible for administering all SSMT and holders’ financial provisioning on behalf of the State of Queensland. To enable this, all holders and SSMT financial assurance (called surety in the Act) held by the Department of Environment and Science and the Department of Natural Resources, Mines and Energy was transferred to the Scheme throughout April 2019.
    Body Function: Statutory Office Holder
    Constitution Date: 01/04/2019
    Contact Officer Name: Peter Fox (Director)
    Street Address: Level 26
    1 William Street
    Postal Address: Level 26
    1 William Street
    Phone Number: (07) 3035 3551
    Last Updated: 03/01/2024
    Review Date:
    Sunset Date:
    Completion Date:
    Body is Active: Yes
    Reporting Requirements: Other
    Max Appointees: 1
    Chairperson Remuneration Rate: No Remuneration
    Members Remuneration Rate: No Remuneration
    Approval Process: Cabinet and Governor in Council
    Body Region: Brisbane and surrounds


    MichaelTimothyScheme Manager29-06-202328-06-2028

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    Last updated:
    28 November, 2023