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Your Dam Your Responsibility (PDF~1.2MB)

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2 Risks Posed by <strong>Dam</strong>s<br />

2<br />

Note: The risk in owning a dam can be shared by having suitable insurance cover.<br />

The premium however, may depend on the insurance company’s impression of how<br />

well you are able to manage the safety of the dam. This may take into account the<br />

engineering quality of the dam, your emergency action plans and the hazard. <strong>Dam</strong><br />

owners should be aware that in situations where negligence of the owner is proved,<br />

insurance protection may be in doubt.<br />

2.8 Buying a Property with a <strong>Dam</strong><br />

If you are planning to buy a property that has a dam, it will be in your interest to check<br />

with the local Licensing Authority (refer Section 3.4 for a list of Licensing Authorities)<br />

to make certain that the necessary licences and requirements are in order. In particular,<br />

check that the dam is not subject to a Direction under the Water Act for carrying out<br />

works to make it safe, or that it does not carry a charge against the land in respect of<br />

works carried out by the Licensing Authority.<br />

7

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