House of Commons · Written Ministerial Statement
Consultation on draft insurance and liabilities requirements to implement the Space Industry Act 2018
13 October 2020 · Department for Transport
Proposed by Rachel Maclean Con Redditch
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- Rachel Maclean is publishing a consultation on draft insurance, liabilities and charging requirements to implement the Space Industry Act 2018
- The government seeks views on the proposed regulations and aims to merge the draft Liabilities and Space Industry Regulations after consultations conclude
- Responses to the consultation are due by November 10
Issue summary
Rachel Maclean is publishing a consultation on draft insurance, liabilities and charging requirements to implement the Space Industry Act 2018.
Action requested
The government seeks views on the proposed regulations and aims to merge the draft Liabilities and Space Industry Regulations after consultations conclude. Responses are due by November 10.
Key facts
- The UK’s space sector is a unique national asset with a target to grow its global market share to 10 per cent by 2030.
- Government aims to establish commercial vertical and horizontal small satellite launch, sub-orbital spaceflight, and space tourism from UK spaceports.
- Proposed regulations include limiting operator liability using the Modelled Insurance Requirement approach.
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