NON-EXCLUSIVE LICENCE

LICENCE
Flower and Hart
(q)
(r)
(s)
(t)
(u)
(v)
(w)
(x)
(y)
(iii)
the Insurance Council of Australia.
“GST” means any applicable goods and services tax, value added tax and any tax of a similar
nature that may be substituted for the same, or levied in addition thereto, now or at any time
hereafter imposed including, but not limited to, the goods and services tax imposed by the GST
Act.
“GST Act” means A New Tax System (Goods and Services) Act 1999 (Cth), as amended from
time to time, and includes any regulations thereunder and any other law of the Commonwealth of
Australia or the State of Queensland, that imposes, deals with, or in any way relates to, or is
incidental to, a GST.
“GST Rate” means the GST rate from time to time prescribed by the GST Act (being at the date
hereof ten per centum (10%)).
“Input Tax Credit” means a credit allowed under the GST Act to the recipient of a Taxable Supply,
for the GST paid or payable by that recipient in respect of that Taxable Supply.
“Insured Risks” means:-
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
fire;
lightning;
explosion;
aircraft (including articles dropped from aircraft);
riot;
civil commotion;
malicious persons;
(viii) earthquake;
(ix)
(x)
(xi)
(xii)
storm;
tempest;
flood;
bursting and overflowing of water Pipes, drains, gutters, tanks and other apparatus;
(xiii) impact by vehicles; and
(xiv) such other risks as PBPL from time to time reasonably requires to insure against
subject always to the availability of insurance cover against such risks and to the extent that, and
subject to the conditions on which, insurance cover against any such risks is generally available in
Queensland.
“Interest” means interest during the period from the date on which the payment is due to the date
of payment, both before and after any judgment, at the Stipulated Rate.
“Law” includes any requirement of any statute, rule, regulation, proclamation, ordinance, order, bylaw
or Government Agency, present or future, and whether state, federal or otherwise.
“Liabilities” includes all liabilities (whether actual, contingent or prospective), losses, damages,
costs, fines, penalties, duties, expenses and fees of any description.
“this Licence” means this licence together with any annexures and schedules to this Licence and
any covenant or agreement expressed to be supplemental to this Licence and all amendments to
those documents.
(z) “Licence Fee” means that amount determined in accordance with clause 4.
(aa) “the Licence Area” means the area shown hatched on the sketch plan contained in Schedule 1.
(bb)
(cc)
“the Licensee” means the person named in Item 1(b) of the Reference Data and his or her
successors.
“Licensee’s Employees and Agents” means each of the employees, officers, agents,
contractors, service suppliers, customers, sub-licensees and invitees and any other persons who
at any time are under the control of the Licensee, or who are in or upon the Licence Area with the
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