Certificates of insurance draft guidelines
About this consultation
The draft guidelines provides practical guidance on obtaining appropriate insurance cover or other financial security and navigating the certification process for obtaining certificates of insurance.
The guidelines also include the scaled framework that will apply when determining owners financial assurance requirements under Marine Protection Rules Part 102.
The deadline for making a submission is 5.00pm Tuesday 20 March 2018.
How to make a submission
You can give us feedback on this consultation by:
- e-mail to email@example.com
- ordinary post to PO Box 25620, Wellington 6146
- fax to (04) 494 8901
- delivery to Maritime New Zealand, level 11, 1 Grey Street, Wellington.
The deadline for making a submission is 5.00pm Friday 20 March 2018.
Ministry of Transport Consultation
Following consultation in 2017 on options to improve the financial security regime, the Ministry of Transport consulted on a draft rule amendment to Marine Protection Rule Part 102 and invited feedback from interested people and organisations. The rule has now been updated to reflect the significant cost of a major oil spill and the financial assurance that would be necessary to ensure funds are available in the event they are needed. It increases the maximum requirement for financial assurance from $600m to $800m.
To read and comment on the increased financial assurance requirements, visit: