CTHRepealedLegislation
Marine Order 11 (Living and working conditions on vessels) 2013
96Financial security
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96 Financial security
The owner of a vessel must demonstrate to AMSA’s satisfaction financial security to assure compensation if a seafarer dies or suffers a long-term disability because of:
(a) an occupational injury; or
(b) an illness; or
(c) a hazard.
Note Financial security may be demonstrated by production of a current insurance cover note, evidence of protection of indemnity insurance or coverage under a Seacare scheme.