Recycling fees
To finance the tasks assigned to the Recycling Fund, a recycling fee is collected on each product before it goes on the market after its manufacture or importation.
The fee should pay the recovery cost on any waste remaining when the object's service life is over. As applicable in each case, the fee might cover the cost of handling sorted waste at a collection point, transporting the waste from a collection point to a central accumulation point or recovery point, and recovering or disposing of the waste and paying the fee.
Those paying are domestic manufacturers and importers bringing goods subject to the fee to Iceland. The obligation of paying extends to every producer and importer, including individuals, associations, funds and institutions, municipalities and their institutions, the State Treasury, state agencies, foreign contractors and any other entities importing or producing goods subject to the fee.
Should a product subject to the fee be exported out of Iceland, so that no reprocessing occurs in this country, the exporter will receive a fee refund.
The Recycling Fund is authorised to negotiate fee refunding with businesses which recover their own waste.
