PRACTICE NOTES
Environmental permits and insolvency
Certain business activities that affect the environment will typically require an environmental permit from the Environment Agency (EA) or the local authority. The environmental permitting framework has replaced and rationalised the need to secure a range of consents under previous systems, including waste management licensing, discharge consents, and pollution prevention and control permits. For instance, any business handling controlled waste (that is, household, commercial or industrial waste) must hold an environmental permit, formerly known as a waste management licence. The environmental permitting regime took effect on 6 April 2008, and waste management licences in existence before 5 April 2008 automatically converted to environmental permits from that date. Undertaking specified operations without the requisite permit, or running a permitted activity in breach of its conditions, constitutes a criminal offence. Where an insolvency practitioner is appointed over a business that holds an
Restructuring & Insolvency