6ANotification of proposed authorisation to accept tail liabilities

6A Notification of proposed authorisation to accept tail liabilities

(1) This section applies if a Commonwealth authority has applied for, or the Commission proposes to grant, a licence that authorises a Commonwealth authority to accept any liability arising under the Act in relation to injury, loss, damage or death that has occurred at a time before the proposed licence will come into force.

(2) The Commission must not grant a licence unless it has notified the Minister, in writing, of:

(a) the extent to which the Commonwealth authority would be authorised to accept liability under the Act in relation to injury, loss, damage or death that has occurred prior to the commencement of the licence; and

(b) the estimated amount of outstanding tail liability that would be assumed by the Commonwealth authority

under the proposed licence.