Victorian Current Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 618

    (1)     The registered holder of—

        (a)     a petroleum exploration permit; or

        (b)     a petroleum retention lease; or

        (c)     a petroleum production licence; or

        (d)     an infrastructure licence; or

        (e)     a pipeline licence—

must maintain, as directed by the Minister from time to time, insurance against—

        (f)     expenses; or

        (g)     liabilities; or

        (h)     specified things—

arising in connection with, or as a result of—

              (i)     the carrying out of work under the permit, lease or licence; or

        (j)     the doing of any other thing under the permit, lease or licence—

including insurance against expenses of complying with directions relating to the clean-up or other remediation of the effects of the escape of petroleum.

    (2)     A direction under this section must be in writing.