New South Wales Consolidated Acts

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MOTOR ACCIDENT INJURIES ACT 2017 - SECT 10.3

Special provision relating to insurance premiums matters in Guidelines

10.3 Special provision relating to insurance premiums matters in Guidelines

(cf s 24 (4) MACA)

(1) Provisions of Motor Accident Guidelines relating to insurance premiums matters may be included, changed or omitted only with the approval of the Board of the Authority.
(2) The Board of the Authority may appoint a committee of up to 4 members with expertise in insurance, finance, actuarial science, economics or price regulation to review proposed provisions of Motor Accident Guidelines relating to insurance premiums matters and to advise on their reasonableness and adequacy.
(3) For the purposes of this section,
"insurance premiums matters" are the matters relating to the determination of insurance premiums for third-party policies.



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