Maximum Probable Loss Methodology - Australian Government

Description

You will be required to comply with this code if you intend to operate a launch facility. A launch facility is a place specifically designed or constructed to launch space objects. You are required to be insured for an amount not less than $750 million and the amount of the maximum probable loss that may be incurred in respect of damage to third parties caused by the launch or return, as calculated in accordance with this code.

This code provides a risk-based analysis for determining risks and potential consequences due to mishaps that may occur during phases of flight of space vehicles.

Please consult the Contact Officer for more information and to ascertain the level of compliance that may be required.

Service type

Code of Practice

A code of practice is a set of rules which details how people in a certain industry should behave. A code of practice can be defined as a result of legislation or by industry regulators and bodies.

Other resources

Act(s) name

Space (Launches and Returns) Act 2018 Australian Government

Regulation(s) name

Space Activities Regulations 2001 Australian Government

Administering agency

Department of Industry, Innovation and Science

Australian Space Agency

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Contact Officer, Space Policy Unit

Australian Space Agency

Department of Industry, Innovation and Science

Mailing address: Canberra, Australian Capital Territory 2601
Phone: 02 6213 6000
Email: space@innovation.gov.au