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COMMUNITY LAND MANAGEMENT ACT 1989 - SECT 40
Other insurance required
40 Other insurance required
(1) An association is guilty of an offence unless at all times it maintains
insurances in accordance with this section. : Maximum penalty--5 penalty
units.
(2) The association must effect insurance-- (a) in respect of any
event against which it is required by law to insure, including any insurance
required to be effected under the Workers Compensation Act 1987 and the
Workplace Injury Management and Workers Compensation Act 1998 , and
(b) in
respect of damage to property and in respect of death and bodily injury
(including damage, death and bodily injury occurring on an open access way or
a private access way) for which the association could become liable in
damages, and
(c) against damages for which the association could become
liable because of work done by a voluntary worker, and
(d) against accidental
injury to, or accidental death of, a voluntary worker, and
(e) against the
possibility of the members of the association becoming jointly liable under a
claim arising out of any other event against which the association decides by
special resolution to insure, and
(f) of any other prescribed class.
(3)
Insurance under subsection (2) must be-- (a) effected with an insurer approved
by the Minister, and
(b) for a cover of not less than the prescribed amount
or an amount determined as prescribed.
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