AUSTRALIAN CAPITAL TERRITORY

MOTOR VEHICLE (THIRD PARTY INSURANCE) REGULATIONS

EXPLANATORY STATEMENT

No. 6 of 1980

The Motor Vehicle (Third Party Insurance) Regulations 1980 No. made under the Motor Traffic Ordinance 1936 increase the maximum premiums which may be charged in accordance with the recommendation of the ACT Third Party Insurance Premiums Advisory Committee.

Regulation 16 of the Motor Vehicle (Third Party Insurance) Regulations (the principal Regulations) is amended to increase the maximum premium that may be charged in respect of a third party policy in relation to a trader’s plate, from $131.00 to $150.00.

The First Schedule of the principal Regulations is amended by substitution of a new Part II to increase 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 that Schedule.  The following table lists the motor vehicle 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	131	150	
2	Business Car	131	150	
3	Goods vehicle –
(a)	where the unladen weight does not exceed 2 tonnes
(b)	where the unladen weight exceeds 2 tonnes	

131

257	

150

294	
4	Primary Producer’s Goods Vehicle –
(a)	where the unladen weight does not exceed 2 tonnes
(b)	where the unladen weight exceeds 2 tonnes	

99

81	

114

92	
5	Omnibus or Tourist Motor Vehicle –
(a)	where the vehicle has seating accommodation for more than 6 adult persons (including the driver)
(b)	where the vehicle has seating accommodation for not more than 6 adult persons (including the driver)	

351

131	

403

150	
6	Taxi	633	727	
7	Private Hire Car	257	294	
8	Drive-Yourself Vehicle	382	439	
9	Motor Cycle –
(a)	where the capacity rating of the engine of the motor cycle exceeds 250 cubic centimetres
(b)	where the capacity rating of the engine of the motor cycle exceeds 125 cubic centimetres but does not exceed 250 cubic centimetres
(c)	where the capacity rating of the engine of the motor cycle does not exceed 125 cubic centimetres	

156

99

30	

179

114

35	
10	Fire Fighting Vehicle	12	13	
11	Undertakers Vehicle	131	150	
12	Motor Breakdown Vehicle	68	78	
13	Trailer	12	13	
14	Miscellaneous Vehicle	68	78	
15	Primary Producer’s Tractor	30	35	
16	Mobile Crane	382	439	
17	Veteran Vehicle	37	42	
18	Vintage Vehicle	37	42