New South Wales Consolidated Acts

ROAD TRANSPORT ACT 2013 - SECT 148P

148P Insurance

(1) It is a condition of a trial approval that--

(a) a third-party policy (within the meaning of the Motor Accident Injuries Act 2017 ) is in force for the trial vehicle at all times during the trial period, or

(b) arrangements have been made to the satisfaction of the Minister for the indemnification of the Nominal Defendant under that Act for any claims arising during the trial period as a result of the trial vehicle not being an insured motor vehicle (
"approved arrangements" ).

(2) Section 2.1 of the Motor Accident Injuries Act 2017 does not apply to the use of a trial vehicle that is subject to approved arrangements and section 2.37(3) of that Act does not prevent the Nominal Defendant from recovering an amount under approved arrangements.

(3) Division 2.3 of the Motor Accident Injuries Act 2017 does not apply to an insurance premium for a third-party policy for a trial vehicle and the premium is instead to be the premium agreed between the licensed insurer (within the meaning of that Act) and the approved person.

(4) It is a condition of a trial approval that the approved person ensure that a policy of public liability insurance is in force that covers damage caused by, or arising out of, the use of the trial vehicle. The public liability insurance must be for at least $20 million or such larger amount as the Minister may require in a particular case.

(5) The Minister may, as a condition of a trial approval, require the approved person to ensure that any other policy of insurance is in force for the purposes of the trial.

(6) The Minister is to suspend or revoke a trial approval if the requirements of this section are not met at any time during the trial period.