Iceland 
Iceland's authorities have set the goal of systematically reducing waste formation and channelling waste into reuse and recovery. The Act on Recycling Fees was passed in an effort to achieve this end, charging the Icelandic Recycling Fund with creating conducive economic conditions for reuse and recovery, lowering the volume of waste going into final disposal and ensuring the proper disposal of hazardous substances.
Legal basis
Icelandic legislation covering waste management is in accordance with EU legislation. Iceland has transposed into national law the acquis on waste covered by the EEA (European Economic Area) Agreement.
The Act on Recycling Fees was passed in order to create conducive economic conditions for reuse and recovery, lowering the volume of waste going into final disposal and ensuring the proper disposal of hazardous substances. A recycling fee is collected on each product before it goes on the market after its manufacture or importation. The fee is to cover the recovery cost on any waste remaining when the object's service life is over.
