14 Financial Contributions

Section 108 of the RMA sets out provisions for placing conditions, including financial contributions, on coastal permits. Financial contributions may include money or land, or any combination of these two made for the purposes specified in this Plan - including the purpose of ensuring positive effects on the environment to offset any adverse effects (i.e. obtaining environmental benefits or environmental compensation). They may be regarded as a practical way of ensuring that adverse effects associated with an activity will be remedied or mitigated. This chapter sets out how Environment Waikato will approach the use of financial contributions as a condition on coastal permits for obtaining environmental benefits where there are unavoidable adverse effects on the environment.