Paragraph 4 I1

England, Wales and Scotland

The undertaker must not commence the authorised development unless it has first—

(a)

provided a reasonable estimate of the cost of delivery of the compensation measures; and

(b)

put in place either—

(i)

a guarantee in respect of the reasonable estimate of costs associated with the delivery of the compensation measures; or

(ii)

an alternative form of security for that purpose,

that has been approved by the Secretary of State.

Annotations