Legislative Assembly for the ACT: 2002 Week 4 Hansard (11 April) . . Page.. 1168..
Public liability insurance
(Question No 110)
Ms Tucker asked the Minister for Planning, upon notice:
In relation to (a) the lease held by the Fairbairn Park Control Council for Block 306 Majura and (b) the lease held by the National Capital Motorsports Club for Block 601 Majura for the purposes of motor racing activities:
(1) What level of public liability insurance are the Fairbairn Park Control Council and the National Capital Motorsports Club required to have under the terms of their respective leases?
(2) Is this requirement currently being complied with, and if not, what steps have been taken to ensure that the requirement is met?
(3) What assessment has been undertaken of whether (a) the scheduled, formally organised racing meets; and (b) ad hoc racing activities conducted at other times and sometimes without supervision by club officials undertaken on these blocks is adequately covered through the lessees' present level of public liability insurance?
(4) Is the Government protected from any possible damages claims arising from motor racing activities on these sites?
(5) Does public liability insurance for these sites depend on each racing track having a current, valid licence from the Confederation of Australian Motor Sports (CAMS)?
(6) Does each track hold a current, valid licence from CAMS for all of the motor racing activities carried out there?
(7) How much land rent does each lessee pay for their blocks under the motor racing activities?
(8) Is payment for the land rent up to date, and if not, what is (a) the level of arrears and (b) have any penalties been applied for late payment?
Mr Corbell: The answer to the member's questions is as follows:
(1) The Fairbairn Park lease, which was granted in 1976, requires the lessee to insure against public risk in the amount of not less than $200,000. The National Capital Motorsports Club lease, which was granted in 1989, does not have equivalent requirements.
(2) The Fairbairn Park Control Council is made up of four member clubs. I am advised that each club has public liability and accident insurance in place with a coverage of the order of $10m. The Government's insurance adviser has been asked to examine the policies to ensure that the Government's requirements are being adequately met.