Amendments of the Motor Vehicle (Third Party Insurance) Regulations (ACT)
Regulations 1975 No. 5
Regulations under the Motor Traffic Ordinance 1936-1974.*
I, GORDON MUNRO BRYANT, the Minister of State for the Capital Territory, hereby make the following Regulations under the Motor Traffic Ordinance 1936- 1974.
Dated this third day of March, 1975.
GORDON M. BRYANT
Minister of State for the Capital Territory.
AMENDMENTS OF THE MOTOR VEHICLE (THIRD PARTY INSURANCE) REGULATIONS!
1. Regulation 8 is amended by omitting sub-regulation (1) and substituting the following sub-regulation:—
" (1) Every authorized insurer shall, not later than the thirty-first day of March in each year, furnish to the Registrar a return in accordance with Form O in respect of the year ending on the previous thirty-first day of December. ".
2 . The Second Schedule to the Motor Vehicle (Third Party Insurance) Regu
lations is amended by omitting Forms O and P and substituting the following
form:
F O R M O Regulation 8 Return for Year 19
AUSTRALIAN CAPITAL TERRITORY
Motor Vehicle (Third Party Insurance) Regulations
R E T U R N U N D E R R E G U L A T I O N 8
Name of Authorized Insurer
| 1961, No . 14; 1962, No. 12; 1963, N o . 9; 1964, N o . 6; 1968, N o . 7; 1971, N o . 12; and 1974, Nos. 2 and 18. |
General Instructions
These instructions are for the guidance of persons compiling the returns under the A.C.T. Motor Vehicle (Third Party Insurance) Regulations, and persons signing these returns.
It should be noted that these returns refer to PERSONAL I N J U R Y ONLY. Policies issued in respect of property damage should not be included.
The number of claims should equal the number of individuals who have made a claim, so that one accident could generate more than one claim.
All money amounts are to be shown to the nearest dollar.
All totals are to be the sum of the individual entries.
All payments during the year should be shown, even though further payments may be
outstanding on the claim in question. Legal costs and expenses of investigation and settlement should be included and recoveries from owners and drivers are to be deducted. Payments and recoveries by way of re-insurance, and payments to Nominal Defendant, are to be excluded.
The four parts must, of course, be consistent with each other. The checks necessary to bring this about are outlined below, and arc to be carefully observed.
| * Notified in the Australian | Government | Gazette | on 6 March 1975. |
t For references to the original Regulations and amendments made before 1960, see footnote on p. 388 of
Vol. Ill of " Laws of the Australian Capital Territory 1911-1959 " and, for later amendments, see Regulations
Instructions for Par t 1
The following list shows the classification of the items referred to in column 1 of Part 1.
Item Classification Item Classification
1 Private Motor Car 9 Motor Cycle: 2 Business Car (a) where the capacity rating of the 3 Goods Vehicle: engine of the motor cycle exceeds
(a) where the unladen weight does not 250 cubic centimeters exceed 2 tons (b) where the capacity rating of the (b) where the unladen weight exceeds 2 engine of the motor cycle exceeds tons 125 cubic centimetres but does not
4 Primary Producer's Goods Vehicle exceed 250 cubic centimetres
(a) where the unladen weight does not (c) where the capacity rating of the exceed 2 tons engine of the motor cycle does not (b) where the unladen weight exceeds 2 exceed 125 cubic centimetres tons 10 Fire Fighting Vehicle
5 Omnibus or Tourist Motor Vehicle 11 Undertaker 's Vehicle (a) where the vehicle has seating 12 Motor Break-down Vehicle
accommodation for more than six 13 Trailer adult persons (including the driver)
14 Miscellaneous Vehicle (b) where the vehicle has seating 15 Primary Producer's Tractor accommodation for not more than 16 Mobile Crane six adult persons (including the driver) Premiums prescribed in regulation 16 for policies
6 Taxi covering trader 's plates
7 Private Hire Car 17 Motor Cycles and Trailers
8 Drive-Yourself Vehicle 18 Other Motor Vehicles Premiums prescribed in regulation 16 have been numbered 17 and 18 to simplify computer coding. They are not item numbers appearing in the Motor Vehicle (Third Party Insurance) Regulations. Trader 's plates must N O T be included in item 12 but in item 17 or 18. Permits are to be shown in Part 4.
For the purposes of computing the number of insured motor vehicles, where the Third Party Insurance policy is in force for a period of less than twelve months, each month or part thereof for which the insurance policy is in force shall be deemed to be one-twelfth of a motor-vehicle. The number so calculated is to be shown on the return to the nearest whole number.
Premiums received are to be the premiums actually received, or for which credit has been taken in anticipation of payment, less refunds of premiums made consequent to the surrender of a policy. Re-insurances received are not to be included, and re-insurances ceded are not to be deducted.
Estimate of Liability on outstanding claims notified is to be the estimated future liability
under claims which are outstanding at the end of the year no matter when the claim was made.The totals of some columns must agree with the totals shown in Part 2 as follows: The total of column (4) of Part 1 must agree with the total of column (3) of Par t 2
The total of column (5) of Part 1 must agree with the total of column (4) of Part 2 The total of column (6) of Part 1 must agree with the total of column (5) of Par t 2
P A R T 1 POLICIES ISSUED A N D CLAIMS RECEIVED D U R I N G YEAR
e
Number Premiums Received Number of Payments made during Estimati of out-
Item of after deduction of claims during year in respect of standing Lability on
Vehicles Premium Refunds the year claims all claims notified
1 2 3 4 5 6 $ $ $ 1 2 3(a)
3(b) 4(a)
PART 1 POLICIES ISSUED AND CLAIMS RECEIVED DURING YEAR—continued
Number Premiums Received Number of Payments made during Estimate of out-
| Item | of | after deduction of | claims during | year in respect of | standing Liability on |
Vehicles Premium Refunds the year claims all claims notified
| 1 | 2 | 3 | 4 | 5 | 6 |
| $ | « | $ |
4(b) 5(a) 5(b) 6
7 8 9(a)
9(b) 9(c) 10
11 12 13 14
I
15 16 17 18 Total
| Instructions For Part 2 |
All sub-totals must be completed and three lines of totals must appear at the foot of the
form.
Include in " Other " all vehicles except Private Motor Cars.
Columns (6) and (7) refer to claims arising from accidents which have occurred before
31 December of the year of the return, but have not been notified to the company by that date. Estimates based on the numbers and average size of claims lodged in past years but relating to accidents prior to those years are required.
The Grand Total shown for Item 1 and Total in Column (3) must agree with Item 1 and Total in Column (4) of Part 1 (note that an analysis by year of accident is required) . Complete all subsidiary totals.
The Grand Total shown for Item 1 and Total in Column (4) must agree with Item 1 and Total in Column (5) of Part 1 (note that an analysis by year of accident is required) . Com plete all subsidiary totals.
The Grand Total shown for Item 1 and Total in Column (5) must agree with Item 1 and Total in Column (6) of Part 1 (note that an analysis by year of accident is required) . Complete all subsidiary totals.
PART 2 C L A I M S
n A I M S wnTiFiPn CLAIMS I N C U R R E D
CLAIMS NOTIFIED BUT NOT NOTIFIED
ArWl^fi I t e m v m u * r Payments Estimates of
ofcTamis made during Outstanding Estimated
E s t i m a t e d
iifiS year in Liability on ^ Outstanding H.Prî vlr ^ respect of all claims Number Liability
dunngyear , a l , ^ a i m s n o t i f i e d
1 2 3 4 5 6 7 $ $ $ Item 1 Other
Total
Item 1Other
Total
Item 1Other
Total
Item 1Other
| Total
Item 1Other Total
Item 1
OtherTotal
Item 1Other Total
I :
Item 1 Other
Total
Item 1Other
Total
Item 1
Grand Total
(all years) Other
Total | ' i
Instructions for Par t 3
For each year the figures in columns (2) to (6) less the amount in column (7) must agree with the figures for the same year in column (4) of Part 2.
| P A R T | 3 | SUB-DIVISION | O F | P A Y M E N T S |
Medical Nursing
| Year of | •„Pf,m™<iL. | Legal Fees and | Investigation | Hospital | phPSS. 1,™,,;, | Amounts |
| R ~°« r e d | ||||||
| Accident | Difbursements | Expenses | Treatment | ^ t m e n t ^ n T | ||
| Ambulance Service |
1 2 3 4 5 6 7
Instructions for Part 4
Note that the instructions regarding the counting of months do not apply. Column 2 calls for N U M B E R of permits issued.
| P A R T 4 | POLICIES ISSUED D U R I N G Y E A R IN RESPECT O F | PERMITS |
N p ™ * * ? . o f
Type of Premiums Received Number of Payments n^SSSSi
P m i t
« IssTea (deduct refunds) Claims Made °Uam"ity 1 2 3 4 5 6
One day Passenger Other (Specify)
Total
D E C L A R A T I O N
| I | (full name) being |
(designation) of
(address) , in the Australian Capital Territory do solemnly and sincerely declare that to the best of my knowledge and belief all the information contained in this return is true and correct in every particular, and that all the estimates therein have been made with due care.
/ /
Signature
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