Australian Capital Territory Numbered Regulations

ROAD TRANSPORT (THIRD-PARTY INSURANCE) REGULATION 2008 (NO 37 OF 2008) - REG 11

    (1)     This section applies if a person—

        (a)     registers a motor vehicle for less than 1 year (the registration period ); or

        (b)     renews the registration of a motor vehicle for less than 1 year (the renewal period ).

Note     A CTP premium for a CTP policy must be paid—

        (a)     at registration (see Act, s 28); and

        (b)     at renewal of registration (see Act, s 29).

    (2)     The maximum CTP premium payable for a CTP policy for the vehicle must be worked out as follows:

    (3)     In this section:

"N" means the number of months (including any part of a month) in—

        (a)     for registration of a vehicle—the registration period; or

        (b)     for renewal of registration—the renewal period.