Western Australian Consolidated Acts

PETROLEUM PIPELINES ACT 1969 - SECT 37A

37A .         Insurance requirements

        (1)         A licensee must maintain, as directed by the Minister from time to time, insurance against expenses or liabilities or specified things arising in connection with, or as a result of, the carrying out of work, or the doing of any other thing, under the licence, including expenses of complying with directions with respect to the clean-up or other remedying of the effects of the escape of petroleum.

        (2)         Where — 

            (a)         a licence was in force immediately before the commencement of section 71 of the Acts Amendment (Petroleum) Act 1994  ¹ ; and

            (b)         the Minister has required the registered holder to maintain insurance under subsection (1); and

            (c)         the Minister is satisfied that the required insurance is in effect,

                the Minister shall issue a certificate to the effect that he is so satisfied.

        (3)         Where the Minister issues a certificate under subsection (2), any security in force in relation to the licence, being a security that was required under this Act before the commencement of section 71 of the Acts Amendment (Petroleum) Act 1994  ¹ , is discharged.

        (4)         The discharge of a security under subsection (3) has no effect on any liability arising under or in relation to the security before its discharge.

        [Section 37A inserted by No. 28 of 1994 s. 71.]