AUSTRALIAN CAPITAL TERRITORY

MOTOR VEHICLE (THIRD PARTY INSURANCE) REGULATIONS

EXPLANATORY STATEMENT

No. 9 of 1981

The Motor Vehicle (Third Party Insurance) Regulations 1981 No.          made under the Motor Traffic Ordinance 1936 amended the Motor Vehicle (Third Party Insurance) Regulations in accordance with the recommendations of the ACT Third Party Insurance Premiums Advisory Committee to increase the maximum premiums which may be charged.  The Regulations also revise the classes of motor cycles to more accurately reflect their accident record.

The maximum premium that may now be charged in respect of a third party policy in relation to a trader’s plate, has been increased from $150.00 to $157.00.

The First Schedule of the Regulations has also been amended by substituting a new Part II which increases the maximum premium that may be charged in respect of a third party policy in relation to a motor vehicle of any classification expressed in Part I of the Schedule.  The following table lists the motor vehicle classifications, including the revised motor cycle classifications, and sets out in respect of each the previous maximum premium and the amended maximum premium.

Item	Classification	Previous Maximum Premium	Amended Maximum Premium	
		$	$	
1	Private Motor Car	150	157	
2	Business Car	150	157	
3	Goods Vehicle -			
	(a)	where the unladen weight does not exceed 2 tonnes	150	157	
	(b)	where the unladen weight exceeds 2 tonnes	294	308	
4	Primary Producer’s Goods Vehicle –			
	(a)	where the unladen weight does not exceed 2 tonnes	114	119	
	(b)	where the unladen weight exceeds 2 tonnes	92	97	
5	Omnibus or Tourist Motor Vehicle –			
	(a)	where the vehicle has seating accommodation for more than 6 adult persons (including the driver)	

403	

421	

				
Item	Classification	Previous Maximum Premium	Amended Maximum Premium	
		$	$	
	(b)	where the vehicle has seating accommodation for not more than 6 adult persons (including the driver)	

150	

157	
6	Taxi	727	760	
7	Private Hire Car	294	308	
8	Drive-yourself Vehicles	439	459	
9	Motor Cycle –			
	(a)	where the capacity rating of the engine of the motor cycle exceeds 600 cubic centimetres – (previously 250 cubic centimetres)	

179	

202	
	(b)	where the capacity rating of the engine of the motor cycle exceeds 300 cubic centimetres (previously 125 cubic centimetres) but does not exceed 600 cubic centimetres (previously 250 cubic centimetres)	

114	

142	
	(c)	where the capacity rating of the engine of the motor cycle does not exceed 300 cubic centimetres (previously 125 cubic centimetres)	

35	

36	
10	Fire Fighting Vehicle	13	14	
11	Undertaker’s Vehicle	150	157	
12	Motor Breakdown Vehicle	78	82	
13	Trailer	13	14	
14	Miscellaneous Vehicle	78	82	
15	Primary Producer’s tractor	35	36	
16	Mobile Crane	439	459	
17	Veteran Vehicle	42	44	
18	Vintage Vehicle	42	44