Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 619

Insurance—petroleum authorities

    (1)     The conditions of a petroleum special prospecting authority or a petroleum access authority may include a condition that the registered holder maintain, as directed by the Minister from time to time, insurance against—

        (a)     expenses; or

        (b)     liabilities; or

        (c)     specified things—

arising in connection with, or as a result of—

        (d)     the carrying out of work under the authority; or

        (e)     the doing of any other thing under the authority—

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.



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