The Recycling and Waste Reduction Act 2020 provides for voluntary, co-regulatory and mandatory product stewardship schemes. Voluntary schemes can operate independently of Government, or, apply for accreditation.
Accreditation of Voluntary Schemes
If successfully accredited, schemes can use a government product stewardship logo.
Use of the logo allows schemes to promote the recognition and credibility that comes from government accreditation. This provides an incentive for industry to seek accreditation of their schemes and will provide a basis for consumers to identify accredited voluntary schemes.
Co-regulatory Schemes
The co-regulatory approach uses a combination of industry action and supporting Government regulation to achieve outcomes specified in rules, such as recycling outcomes for products.
Mandatory Product Stewardship
Mandatory product stewardship is used where other types of product stewardship have been considered and found unsuitable, or where mandatory arrangements would deliver greater benefit to the community.
Mandatory rules may require individuals or organisations involved in the life of a product to take actions that relate to the objects of the Recycling and Waste Reduction Act 2020.
More information on regulation of Product Stewardship is available here.