(1) The Commonwealth may indemnify a person from and against all actions, proceedings, claims, demands, costs and expenses relating to any loss, damage or injury to any person or property attributable to explosives to which this Part applies or to the handling of explosives to which this Part applies.
(2) An indemnity given under section 10 of the Explosives Act 1952 , or that Act as amended, and in force immediately before the commencement of this Act has, after the commencement of this Act, the same force and effect as if:
(a) the indemnity had been given under the last preceding subsection;
(b) any reference in the indemnity to the Explosives Act 1952 or any amendment of that Act were a reference to this Act; and
(c) any reference in the indemnity to the regulations made under the Explosives Act 1952 or any amendment of that Act or to Explosives Regulations were a reference to regulations made under this Act for the purposes of this Part.