240Definitions

240 Definitions

adequately insured, in relation to a road vehicle, means the use of the vehicle is covered by a policy of insurance or other form of indemnity, for a sum that is not less than $5 000 000, in respect of—

(i) personal injury, death, property damage and other damage (except consequential economic loss) arising out of any fire, explosion, leakage or spillage of dangerous goods in, on or from the vehicle or any packaging transported in or on the vehicle; and

(ii) costs incurred by or on behalf of a Commonwealth, State or Territory government authority in a clean-up resulting from any event of the kind referred to in paragraph (i);

road vehicle means a load-bearing vehicle, whether or not a motor vehicle and whether or not it is being used in combination with another vehicle.

Under section 3(1) of the Act, vehicle is defined as including a combination. It is not the purpose of this Part to require insurance in respect of each individual component of a combination being used in a combination, but only insurance for the combination as a whole.