Australian Capital Territory Numbered Regulations

ROAD TRANSPORT (THIRD-PARTY INSURANCE) REGULATION 2008 (NO 37 OF 2008) - REG 18

    (1)     A licensed insurer commits an offence if—

        (a)     a collection notice is in force for the licensed insurer; and

        (b)     the licensed insurer does not pay the amount stated in the notice to the nominal defendant fund on or before the due date for the collection notice.

Maximum penalty: 20 penalty units.

    (2)     If the Magistrates Court convicts a licensed insurer, or finds a licensed insurer guilty, of an offence against this section, the court may order the insurer to pay any unpaid amount to the nominal defendant fund.

    (3)     An order under subsection (2) is in addition to a penalty imposed for the offence.

    (4)     For the enforcement of payment of the order and the calculation of interest in relation to a judgment, the order is taken to be a final judgment of the Magistrates Court for the amount stated in the order.

Part 5     Early payment for treatment of motor accident injuries