AUSTRALIAN CAPITAL TERRITORY

MOTOR TRAFFIC ORDINANCE 1936-1973

MOTOR VEHICLE (THIRD PARTY INSURANCE) REGULATIONS

EXPLANATORY MEMORANDUM

No. 2 of 1974

	The proposed amendments of the Motor Vehicle (Third Party Insurance) Regulations will increase the maximum third party insurance premiums which may be charged by an authorised insurer in the Australian Capital Territory.

	The new premiums, which will apply on and after 1 March 1974, will increase the maximum premium payable in respect of a private motor car from forty-six dollars to sixty dollars.