Regulatory Intelligence
What factors drive security under D088?
Category:
Licence Transfers and Liability
Research Basis
Archive Period
2021-2025
Records Reviewed
12
Primary Topics
Directive 088; security determination; holistic assessment; financial health; liability; closure activity
Current Reference
AER Directive 088; AER Manual 023; AER Directive 067; AER Directive 011; AER Directive 068
Common Question
What factors drive security under D088?
Archive Findings
The presentations state that D088 security is determined through holistic assessment, with focus on financial health, liability magnitude, remaining resource life, closure activity and spend, and inactive liability growth.
The model replaced the older transfer approach that relied mainly on LMR.
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Engineering Insight
When security risk is likely, address the driver directly. Examples include correcting liability data, supporting financial capacity, documenting closure performance, or explaining resource-life assumptions.
Current Guidance
Current Directive 088 and Manual 023 govern security determination and calculation. Directive 011 and Directive 001 liability estimates may be relevant.
Related Regulatory Insights
Historical newsletter insights that reference the same directive, manual, rule or regulatory requirement.
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