62ACompensation not payable by promoter for economic loss

62A Compensation not payable by promoter for economic loss

62A Compensation not payable by promoter for economic loss

(1) Compensation is not payable by or on behalf of a protected person for economic loss arising because of an act done—

(a) in good faith, and

(b) for a major event-related matter.

(2) This section does not—

(a) apply to acts that cause—

(i) the death of a person, or

(ii) personal injury to a person, or

(iii) damage to property, or

(b) affect compensation payable by a protected person under an indemnity or other agreement.

(3) In this section—

act includes omission.

compensation includes damages and any other form of monetary compensation.

done includes omitted to be done.

major event-related matter means the following matters and includes anything arising from the matter—

(a) the conduct or holding of any major event,

(b) works or other things done under an authorisation given under this Act or the regulations.

protected person means—

(a) a promoter, or

(b) an employee or agent of a promoter.

s 62A: Ins 2022 No 12, Sch 1[29].