sec.62Limits for insurance policies— Act , s 67A

sec.62 Limits for insurance policies— Act , s 67A

For section 67A (2) of the Act , the limits for an insurance policy are as follows— for an insurance policy for a domestic commercial vessel, or an other Queensland regulated ship that is more than 15m but less than 35m in length overall— for costs mentioned in section 67A (2) (a) of the Act —$500,000; and for costs mentioned in section 67A (2) (b) of the Act —$10m; for an insurance policy for a recreational ship that is more than 15m but less than 35m in length overall— for costs mentioned in section 67A (2) (a) of the Act —$250,000; and for costs mentioned in section 67A (2) (b) of the Act —$10m; for an insurance policy for a ship that is 35m or more in length overall—for costs mentioned in section 67A (2) of the Act —$10m. In this section— recreational ship see the Transport Operations (Marine Safety) Act 1994 , section 10B . (sec.62-ssec.1) For section 67A (2) of the Act , the limits for an insurance policy are as follows— for an insurance policy for a domestic commercial vessel, or an other Queensland regulated ship that is more than 15m but less than 35m in length overall— for costs mentioned in section 67A (2) (a) of the Act —$500,000; and for costs mentioned in section 67A (2) (b) of the Act —$10m; for an insurance policy for a recreational ship that is more than 15m but less than 35m in length overall— for costs mentioned in section 67A (2) (a) of the Act —$250,000; and for costs mentioned in section 67A (2) (b) of the Act —$10m; for an insurance policy for a ship that is 35m or more in length overall—for costs mentioned in section 67A (2) of the Act —$10m. (sec.62-ssec.2) In this section— recreational ship see the Transport Operations (Marine Safety) Act 1994 , section 10B .

• (a) for an insurance policy for a domestic commercial vessel, or an other Queensland regulated ship that is more than 15m but less than 35m in length overall— (i) for costs mentioned in section 67A (2) (a) of the Act —$500,000; and (ii) for costs mentioned in section 67A (2) (b) of the Act —$10m;
• (i) for costs mentioned in section 67A (2) (a) of the Act —$500,000; and
• (ii) for costs mentioned in section 67A (2) (b) of the Act —$10m;
• (b) for an insurance policy for a recreational ship that is more than 15m but less than 35m in length overall— (i) for costs mentioned in section 67A (2) (a) of the Act —$250,000; and (ii) for costs mentioned in section 67A (2) (b) of the Act —$10m;
• (i) for costs mentioned in section 67A (2) (a) of the Act —$250,000; and
• (ii) for costs mentioned in section 67A (2) (b) of the Act —$10m;
• (c) for an insurance policy for a ship that is 35m or more in length overall—for costs mentioned in section 67A (2) of the Act —$10m.
• (i) for costs mentioned in section 67A (2) (a) of the Act —$500,000; and