Section 618 - Offshore Petroleum and Greenhouse Gas Storage Act 2010 - Insurance—petroleum permits, leases and licences | Zoe

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Offshore Petroleum and Greenhouse Gas Storage Act 2010

618Insurance—petroleum permits, leases and licences

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618 Insurance—petroleum permits, leases and licences

(1) The registered holder of—

(e) a pipeline licence—

must maintain, as directed by the Minister from time to time, insurance against—

(f) expenses; or

(g) liabilities; or

(h) specified things—

(i) the carrying out of work under the permit, lease or licence; or

(j) the doing of any other thing under the permit, lease or licence—

including insurance against expenses of complying with directions relating to the clean-up or other remediation of the effects of the escape of petroleum.