Singapore legislation
Regulation 14
Regulation 14
Liability insurance
Subregulation 1
The specified person for an approved trial or approved special use must —
before the approved trial or approved special use starts, have in place liability insurance; and (b)ensure that the liability insurance is in force at all times for the duration stated in the authorisation for the approved trial or approved special use, including for the duration that the authorisation is extended under rule 12.
Subregulation 2
The specified person for an approved trial or approved special use must ensure that the liability insurance is issued by an insurer who, at the time the liability insurance is issued, is lawfully carrying on an insurance business in Singapore.
Subregulation 3
A specified person who contravenes paragraph (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000 and, in the case of a second or subsequent conviction, to a fine not exceeding $2,000.
Subregulation 4
In this rule, “liability insurance” has the same meaning as in section 6C(6) of the Act.