Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) Each authorised insurer is, on the commencement day, taken to be a licensed insurer.
(2) The authorised insurer's licence expires when its authorisation would have expired if this Act had not been enacted.
(3) In this section:
"authorised insurer" means an insurer that, immediately before the commencement day, was an authorised insurer under the former CTP provisions.