Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) The insurance industry deed may include provisions for each of the following:
(a) the requirements for licensed insurers to make disclosures and reports to the CTP regulator in accordance with stated standards and requirements;
(b) the apportionment of liability, and sharing of costs, between licensed insurers;
(c) the appointment of a person to arbitrate disputes between 2 or more licensed insurers about a motor accident claim;
(d) the sharing of information between CTP insurers for the mutual benefit of insurers;
(e) the management of motor accident claims under CTP policies;
(f) direction and guidance for licensed insurers about initiating, managing, monitoring and measuring the effectiveness of the provision of rehabilitation services for injured claimants;
(g) regulation, in any other way, of the conduct of CTP insurance business under the compulsory third-party insurance scheme under this Act.
Note CTP insurance business , for a licensed insurer, means any business associated with CTP policies (see s 11).
(2) A regulation may prescribe—
(a) what may or must be included in the insurance industry deed; and
(b) anything else about the content of the deed.