For paragraph 163 (b) of the Act, the following terms are prescribed for a third-party policy:
Third-party policy
The insurer insures the owner of the motor vehicle to which the policy applies, and anyone else who drives the vehicle (whether or not with the owner's authority), against liability in relation to the death of, or bodily injury to, a person caused by, or arising out of the use of, the vehicle anywhere in Australia (whether or not on a road or road related area).
In this policy, words and expressions have the same meanings as in Part 10 of the Road Transport (General) Act 1999 .