8.—(1) No operations involving the management of extractive waste shall commence until a financial guarantee is provided by the operator to the council.
(2) The purpose of the financial guarantee shall be to ensure that—
(a)all conditions on the planning permission pertaining to the management of extractive waste, including after-closure conditions, are met; and
(b)there are funds readily available at any given time for the rehabilitation of the land affected by the waste facility, as described in the waste management plan.