Paragraph 9 Requirement for insurance

The operator must have a policy of insurance before entering on the relevant land and maintain that policy or equivalent cover so it is able to meet any of the insurance liabilities.

The policy or equivalent cover must be issued by an authorised insurer.

The operator must provide details of the policy of insurance or equivalent cover and evidence that it is in force to the required grantor upon reasonable request.

In this paragraph—

• “authorised insurer” means a person lawfully carrying on insurance business of any class relevant for the purposes of the code, and issuing polices of insurance in the course of that business,

• “insurance liabilities” means any liability which may be incurred by the operator in respect of the death, bodily injury or loss to any person or damage to property caused by, or arising out of, the exercise of the Part 4A code right.