73Action for compensation

73 Action for compensation

(1) An action for compensation for damage to which this Part applies may only be brought: (a) within one year after the day on which the damage occurred; or (b) if, when the damage occurred, the person bringing the action did not know that it had occurred—within one year after the day on which the person: (i) became aware of the damage; or (ii) would have become aware of the damage, if the person had exercised due diligence. (2) If, in accordance with the Liability Convention or otherwise under international law: (a) a foreign country has presented a claim against Australia for compensation for damage caused by a space object to which an Australian launch permit, overseas payload permit, return authorisation or authorisation certificate relates; or (b) such a claim made by a foreign country has been settled; a person who has suffered damage covered by the claim may not commence an action, against the responsible party, seeking compensation for that damage.