Queensland Consolidated Acts

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3 Objects

The objects of this Act are—

(a) to continue and improve the system of compulsory third-party motor vehicle insurance (
"CTP insurance" ), and the scheme of statutory insurance for uninsured and unidentified vehicles, operating in Queensland; and
(b) to establish a basis for assessing the affordability of CTP insurance; and
(c) to keep the costs of CTP insurance at a level the average motorist can afford; and
(d) to promote competition in the setting of premiums for CTP insurance; and
(e) to provide for the licensing and supervision of insurers providing CTP insurance under CTP insurance policies; and
(f) to encourage licensed insurers to act in a way that supports the integrity of, and public confidence in, the statutory insurance scheme; and
(g) to encourage the speedy resolution of personal injury claims resulting from motor vehicle accidents; and
(h) to promote and encourage, as far as practicable, the rehabilitation of claimants who sustain personal injury because of motor vehicle accidents; and
(i) to establish and keep a register of claims to help the administration of the statutory insurance scheme and the detection of fraud; and
(j) to promote measures directed at eliminating or reducing causes of motor vehicle accidents and mitigating their results; and
(k) to establish measures directed at eliminating or reducing the practice of giving or receiving consideration for a claim referral or potential claim referral, or soliciting or inducing a claimant to make a claim, in contravention of this Act.

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