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EK 17: Minimum refund or transfer
or “Minimum amount for refunds or transfers from environmental restoration accounts”
You could also call this:

“How refunds from your environmental restoration account are processed”

When you get a refund from your environmental restoration account, it comes from the money you put into the account. The refund is taken from the oldest payment you made first. This means if you made several payments into your account over time, the refund will come from the first payment you made, then the second, and so on. This helps keep track of which money is being used for refunds in your account.

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Next up: EK 19: Environmental restoration account of amalgamating company

or “Transfer of environmental restoration funds when companies merge”
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Part E Timing and quantifying rules
Environmental restoration accounts

EK 18Payments from which refunds come

  1. Each refund to a person is treated as coming from the total amount in the person’s environmental restoration account in the order in which the person made the payments into the account.

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