Explosives Regulation 2017
sec.144Insurance requirements
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sec.144 Insurance requirements
The holder of the authority must not use a vehicle to transport a category 2 load, a category 3 load or a placard load unless the use of the vehicle is covered by a policy of insurance or other form of indemnity, for at least the prescribed sum, for— personal injury, death, property damage and other damage (other than consequential economic loss) arising out of a relevant event; and costs incurred by or for a government entity, including, for example, RSHQ, or a Commonwealth entity in a clean-up resulting from a relevant event. Maximum penalty—60 penalty units. In this section— prescribed sum means— for a category 2 load—$2.5m; or for a category 3 load or placard load—$5m. relevant event , in relation to a vehicle, means a fire, explosion, leakage or spillage of an explosive in, on or from the vehicle or any packaging transported in or on the vehicle. s 144 amd 2019 Act No. 7 s 313 s ch 1 pt 3 ; 2020 SL No. 69 s 12 ; 2024 SL No. 167 s 48 (sec.144-ssec.1) The holder of the authority must not use a vehicle to transport a category 2 load, a category 3 load or a placard load unless the use of the vehicle is covered by a policy of insurance or other form of indemnity, for at least the prescribed sum, for— personal injury, death, property damage and other damage (other than consequential economic loss) arising out of a relevant event; and costs incurred by or for a government entity, including, for example, RSHQ, or a Commonwealth entity in a clean-up resulting from a relevant event. Maximum penalty—60 penalty units. (sec.144-ssec.2) In this section— prescribed sum means— for a category 2 load—$2.5m; or for a category 3 load or placard load—$5m. relevant event , in relation to a vehicle, means a fire, explosion, leakage or spillage of an explosive in, on or from the vehicle or any packaging transported in or on the vehicle.
- (a) personal injury, death, property damage and other damage (other than consequential economic loss) arising out of a relevant event; and
- (b) costs incurred by or for a government entity, including, for example, RSHQ, or a Commonwealth entity in a clean-up resulting from a relevant event.
- (a) for a category 2 load—$2.5m; or
- (b) for a category 3 load or placard load—$5m.