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Legislative Assembly for the ACT: 2008 Week 01 Hansard (Tuesday, 12 February 2008) . . Page.. 121 ..

omit clause 177 (1) (b) (i), substitute

• is not satisfied that the applicant would properly exercise the functions of a licensed insurer if issued with a licence; or

Schedule 4

Road Transport (Third-Party Insurance) Bill 2007

Amendment moved by Mr Smyth

1

Proposed new clause 265A

Page 190, line 26—

insert

265A Review  of Act

• The Minister must review the operation of this Act as soon as practicable after the end of its 3rd year of operation.

• The Minister must present a report on the review to the Legislative Assembly within 3 months after the day the review is started.

• In reviewing the Act, the Minister must have regard to—

• how effectively the scheme under the Act provides reduced premiums for compulsory third-party insurance policies for motor vehicles; and

• any reform to any scheme providing for compulsory third party insurance for motor vehicles implemented in other jurisdictions in Australia.

• In reviewing the Act, the Minister may have regard to anything else that the Minister considers relevant.

• This section expires 5 years after the day it commences.

Schedule 5

Road Transport (Third-Party Insurance) Bill 2007

Amendment moved by Dr Foskey to Mr Smyth’s amendment

1

Amendment 1

Proposed new clause 265A

Page 190, line 26—

insert

(3) (c) the impact of the changes on the recovery to health, well-being and work of the claimant.

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