The bill requires permit and licence holders to establish a financial security which can be used to fund decommissioning in the event that something goes wrong. The amount and kind will be decided on a case by case basis, taking into account factors such as the estimated costs of decommissioning, when decommissioning will occur, and any emerging risks. The bill also requires permit and licence holders to make a payment or provide a financial security that could be put towards the cost of any post-decommissioning work required. This includes the monitoring, maintenance, and remediation of wells and infrastructure after decommissioning has been completed.