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 can be either a legal requirement or non-legal requirement. Legal codes of practice are defined as a result of legislation. Non-legal codes of practice are defined by industry regulators and bodies.

Administering agency

Department of Industry, Innovation and Science

Space Coordination Office

Contact details

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

Contact Officer, Space Policy Unit

Operating address: Industry House
10 Binara St
Canberra
Australian Capital Territory 2600
Mailing address: GPO BOX 9839
Canberra, Australian Capital Territory 2601
Phone: 02 6213 6000
Email: space@innovation.gov.au