Lenders` concerns and requirements to reduce environmental risks
Language: English Series: Valuer and Land Economist ; 32(8) November 1993, 588-595(8)Publication details: 1993Subject(s): Summary: In the absence of statutory determination, in Australia, of liability for remedying land contamination, lenders have become wary of commitments in potentially polluted sites and have developed environmental management policies to minimise their risks. After outlining existing legislation, this article presents the results of a survey into lenders` attitudes to liability and identifies three areas of concern. Summarises lenders` risk assessment strategies with a case study.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS49853 (Browse shelf(Opens below)) | 1 | Available | 73035-1001 |
In the absence of statutory determination, in Australia, of liability for remedying land contamination, lenders have become wary of commitments in potentially polluted sites and have developed environmental management policies to minimise their risks. After outlining existing legislation, this article presents the results of a survey into lenders` attitudes to liability and identifies three areas of concern. Summarises lenders` risk assessment strategies with a case study.