What’s the lender liability risk for soil pollution in the People’s Republic of China? An evaluation of China’s new Soil Pollution and Control Law in the light of the USA and UK regimes (Record no. 11316)

MARC details
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fixed length control field 02176nab a2200253 4500
005 - DATE & TIME
control field 20210218115940.0
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Brown, Lloyd Andrew
245 ## - TITLE STATEMENT
Title What’s the lender liability risk for soil pollution in the People’s Republic of China? An evaluation of China’s new Soil Pollution and Control Law in the light of the USA and UK regimes
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Sage,
Date of publication, distribution, etc 2019.
300 ## - PHYSICAL DESCRIPTION
Pages Vol 21, Issue 3, 2019(173-188 p.)
520 ## - SUMMARY, ETC.
Summary, etc On 1 January 2019, following a presidential order confirming its adoption by the Fifth Session of the Standing Committee of the 13th National People’s Congress of the People’s Republic of China (PRC), the Law of the People’s Republic of China on Soil Pollution and Control 2019 (SPC) was introduced into law. Succinctly, the SPC was enacted to deal with the vast amount of soil pollution that currently exists in China. This article’s central thesis is that, following a comparative analysis of the regulatory regimes in the USA and UK, the law creates environment-related risks for lenders. In particular, the article is concerned with the risk of lender liability, that is, where the lender itself is made directly liable for the costs of soil pollution remediation. In light of the USA and UK regimes, risk management advice is provided for obviating any prospective lender liability that may be forthcoming from the SPC. As with the regulations in other countries, it appears that the degree of ‘control’ that lenders exercise over their clients must be limited to mitigate the possible transference of any direct liability under the PRC’s principles of property rights law.
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Subject China’s Soil Protection and Control Law,
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Subject contaminated land,
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Subject CERCLA 1980,
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Subject environmental risks,
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Subject lender liability,
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Subject Part IIA of the Environmental Protection Act 1990
773 0# - HOST ITEM ENTRY
Host Biblionumber 11304
Host Itemnumber 15506
Place, publisher, and date of publication Sage, 2019.
Title Environmental law review
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://doi.org/10.1177/1461452919862972
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Koha item type Articles
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