1. The Commission shall by regulation establish requirements for: (a) Corrective action to be taken in response to a release from a storage tank; (b) Ensuring that the corrective action is cost-effective; and (c) Maintaining evidence of the financial responsibility of owners and operators of storage tanks. 2. In determining whether corrective action is required by the presence of excessive petroleum in the soil, the Division shall consider, unless waived by the Administrator of the Division: (a) Factors peculiar to the site and to the contaminant; and (b) The use of methods developed by the American Society for Testing and Materials to assess health and environmental risks, or equivalent procedures, to establish the need for corrective action and the required level of corrective action.
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