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Supplementary Order Paper No 417

No 417

House of Representatives

Supplementary Order Paper

Wednesday, 11 December 2019

Maritime Transport (Offshore Installations) Amendment Bill

Proposed amendment

Hon Julie Anne Genter, in Committee, to move the following amendment:

Clause 7: new Part 2 of Schedule 1AA

In clause 7, new Part 2 of Schedule 1AA, after clause 4 (page 4, after line 25), insert:

5 Rules may provide for early expiry of certificates of insurance

(1)

For the purpose of implementing the Maritime Transport (Offshore Installations) Amendment Act 2019 (the amendment Act), transitional provisions in rules made under section 387(4) or (4A)(a) may have the effect that any certificate of insurance in force under section 385H (even if issued before the commencement date of the amendment Act or the relevant rule) will expire on a date earlier than the expiry date specified for the certificate by the Director when it was issued.

(2)

Nothing in subclause (1) limits the ability of rules made under this Act to provide for transitional matters.

Explanatory note

This Supplementary Order Paper amends the Maritime Transport (Offshore Installations) Amendment Bill to insert a power to make certain transitional provisions in marine protection rules made under the Maritime Transport Act 1994 for the purpose of implementing the Bill. The Bill provides the power to make marine protection rules relating to the types of liability and the amount for which insurance or other financial security must be held by regulated offshore installations (see clause 6). In order to provide for the transition to any new requirements that may be provided for in those rules, it may be desirable for the rules to provide that any certificate of insurance in force at the time new rules commence expires earlier than the expiry date specified when the certificate was issued.