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<p>All operator licences issued under the Space industry Act 2018 will contain a limit
of operator liability with respect to claims under section 34 and 36 of the Space
Industry Act.</p><p>The Government intends to calculate launch liability limits using
the Modelled Insurance Requirement (MIR) approach. This will tailor the insurance
required to the risk and the diverse range of UK launch activities today and anticipated
in the future and reduce operator costs in general compared with a fixed limit.</p><p>For
orbital operations, the limits of operator liability for licences under the Space
Industry Act will mirror those for licences issued under the Outer Space Act 1986:</p><ul><li>For
standard missions, the lability limit will be set at €60 million.</li><li>For high
risk missions the liability limit will be set on a case-by case basis, following an
appropriate risk assessment.</li></ul><p>Operators will therefore not be facing unlimited
liability for actions carried out in compliance with the Space Industry Act 2018 and
licence conditions.</p>
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