Australian Capital Territory Consolidated Acts

ROAD TRANSPORT (THIRD-PARTY INSURANCE) ACT 2008 - SECT 34

    (1)     If registration of a motor vehicle is renewed during the period of grace—

        (a)     the old insurer is on risk until midnight on the day registration is renewed; and

        (b)     the new insurer comes on risk immediately after midnight and is on risk for the period of renewed registration.

Note     Period of grace is defined in s (4).

    (2)     If registration is renewed after the period of grace expires—

        (a)     the new insurer comes on risk at the time the renewal of registration is effected; and

        (b)     the motor vehicle is not an insured motor vehicle from the expiry of the previous period of registration until the renewal of registration takes effect.

    (3)     A CTP insurer ceases to be on risk if the CTP policy is cancelled.

    (4)     In this section:

"new insurer" means the CTP insurer whose insurance is later in time.

Note     The old insurer and the new insurer may be the same insurer or different insurers.

"old insurer", in relation to a motor vehicle the registration of which is renewed during the period of grace or later, means the last CTP insurer of the vehicle before renewal.

"period of grace" means the 14 days after the registration, or renewal of registration, of a motor vehicle expires.

Note     There is no period of grace following the cancellation or surrender of registration or a renewal of registration of a motor vehicle.

"period of registration"—see section 33 (4).

"renewal" of registration of a motor vehicle includes registration of the vehicle after the previous registration has expired.