Motor Vehicles (Third Party Insurance) Amendment Act 1985 (NSW)

MOTOR VEHICLES (THIRD PARTY INSURANCE) AMENDMENT

ACT, 1985, No. 96

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ANNO TRICESIMO QUARTO

ELIZABETHS II REGIN/E

Act No. 96, 1985.

An Act to amend section 5 of the Motor Vehicles (Third Party Insurance) Act, 1942, consequent on the enactment of the Government Insurance (Amendment) Act, 1985. [Assented to, 12th June, 1985.]

2   Act No. 96

Motor Vehicles (Third Party Insurance) Amendment 1985

BE it enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows:—

Short title.

1.    This Act may by cited as the "Motor Vehicles (Third Party Insurance)

Amendment Act, 1985".

Commencement.

(1) Sections 1 and 2 shall commence on the date of assent to this Act. (2) Except as provided by subsection (1), this Act shall commence on the day appointed and notified under section 2 (2) of the Government Insurance (Amendment) Act, 1985, in respect of Schedule 1 (6) to that Act.

2.

Amendment of Act No. 15, 1942.

3. The Motor Vehicles (Third Party Insurance) Act, 1942, is amended

by omitting the definition of "Third-party Fund" in section 5(1) and by
inserting instead the following definition:—

"Third-party Fund" means the fund administered by the Government Insurance Office within the insurance funds administration business division of that Office which comprises amounts (other than commission) held by that Office as manager of the Department of Motor Transport Third Party Insurance Scheme.