TOWN OF VICTORIA PARK NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE

Year Ended 30 June 2022

17.CONTINGENT LIABILITIES AND CAPITAL COMMITMENTS (Continued)

(a)Contingent Liabilities (continued)

Site management plan (SMP)

A SMP was developed and received in May 2022 for the MRC. The SMP is required to provide a management plan for the site to ensure that potential risks associated with soil, landfill gas and groundwater contaminants are appropriately managed for the ongoing use of the site as a landfill facility and leachate management. There are no specific “results” from this plan. This Plan remains an evolving document that addresses the overall management of landfill gas and groundwater based on the latest advice.

Landfill gas monitoring

The most recent gas monitoring report was obtained in September 2021 this covered 3 sampling rounds (January to March 2021). One of the report’s conclusions were “Under the current site conditions (i.e. active landfill gas extraction and continuous landfill gas monitoring in the workshop), the risks to the site’s workers and off-site residents from landfill gas are considered low. The risk to site’s infrastructure and terrestrial ecosystem is however considered Negligible.” Gas testing was also conducted in December 2021 and October 2022, however, the MRC has not yet received the gas monitoring report for these tests.

At this time, the MRC has no new information to suggest that an additional landfill rehabilitation provision is required to address any specific remediation requirements, nor do the recommendations from groundwater or gas reports recommend any such action.

(b) Capital Commitments

SIGNIFICANT ACCOUNTING POLICIES Capital Commitments

The capital expenditure commitment outstanding at the end of the current reporting period represents commitments relating to propety, plant, eqipment and infrastructure projects that have been carried forwad to next financial year.