Australian Capital Territory Consolidated Acts

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ROAD TRANSPORT (THIRD-PARTY INSURANCE) ACT 2008 - SECT 9

What is the insurance industry deed?

In this Act:

"insurance industry deed" means a deed that—

        (a)     is between—

              (i)     the Territory; and

              (ii)     the nominal defendant; and

              (iii)     licensed insurers; and

        (b)     regulates the conduct of CTP insurance business and matters incidental to—

              (i)     the conduct of CTP insurance business; and

              (ii)     the compulsory third-party insurance scheme under this Act.

Note     CTP insurance business , for a licensed insurer, means any business associated with CTP policies (see s 11).



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