171
In forceInsurance must be held
Part 11Other obligations on the holders of authorities
Division 1Conduct of operations etc.
171 Insurance must be held
The holder of an authority must obtain and maintain, as directed by the Minister from time to time, insurance against expenses or liabilities or specified things arising in connection with, or as a result of, the carrying out of operations, or the doing of any other thing, under the authority, including the expenses of complying with directions with respect to the clean-up or other remedying of the effects of the escape of petroleum.
- 240 penalty units.
Default penalty: 10 penalty units.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.