Note 41. Contingent Liabilities and Contingent Assets

Contingent Liabilities

The Directorate is subject to 137 legal actions (2014 - 115 actions). The Directorate’s maximum exposure under the ACT Insurance Authority insurance policy is estimated at $6,150,000 (2014 - $5,490,000), which has not been provided for in the accounts.

There were no contingent assets as at 30 June 2015.