Australian Capital Territory Numbered Acts

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ROAD TRANSPORT (THIRD-PARTY INSURANCE) ACT 2008 (NO. 1 OF 2008) - SECT 208

Transfer of policies to other insurers

    (1)     The CTP regulator may transfer an insurer's CTP policies to a licensed insurer if—

        (a)     the insurer's CTP insurer licence is cancelled or otherwise ceases to be in force; or

        (b)     the CTP regulator is satisfied that it is necessary to do so to ensure compliance with a condition of the licence.

    (2)     In this section:

"insurer" means a licensed insurer, and includes a person whose CTP insurer licence has been cancelled or has otherwise ceased to be in force.


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