Approvals—insurance
245 Approvals—insurance
The owner of a vehicle used to transport a placard load, or a prime contractor responsible for the condition of the vehicle, may make an application under section 172 to use the vehicle even if the vehicle is not covered by a policy of insurance or other form of indemnity under section 242(1)(a) or 243(1)(a).
If the chief executive is satisfied that the owner or prime contractor is adequately capable of self-insurance for section 242(1)(a) or 243(1)(a), the chief executive may give an approval for the use of the vehicle.
The approval may be given by the chief executive—
for a single use or for a period not longer than 5 years; and
subject to any other condition.
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