Commonwealth Numbered Regulations

1986 No. 291 INTERSTATE ROAD TRANSPORT REGULATIONS - REG 11

11. (1) Whilst the registration of a motor vehicle or trailer remains in
force, an approved insurer shall not, except in accordance with this
regulation, cancel or suspend a third-party policy issued by the insurer in
respect of the use of the motor vehicle or trailer and providing cover for the
period during which the registration remains in force.

(2) An approved insurer may cancel a third-party policy issued by the insurer
in respect of the use of a motor vehicle or trailer if-

   (a)  another third-party policy issued either by the insurer or another
        approved insurer is in force in respect of the use of the motor
        vehicle or trailer; and

   (b)  that other policy is expressed to expire on a date not earlier than
        the date on which the first-mentioned policy is expressed to expire.

(3) Where the registration of a motor vehicle or trailer is cancelled or
surrendered, the approved insurer that issued the current third-party policy
in respect of the use of the motor vehicle or trailer may, upon the
application of the owner of the motor vehicle or trailer and upon being
satisfied that the registration of the motor vehicle or trailer has been
cancelled or surrendered, cancel the policy.

(4) Where an approved insurer cancels, under this regulation, a third-party
policy in respect of the use of a motor vehicle or trailer, the insurer shall
immediately give notice of the fact to the relevant Registration Authority in
relation to the motor vehicle or trailer.

(5) The cancellation under this regulation of a third-party policy does not
exempt the approved insurer that issued the policy from any liability under
the policy that accrued or was incurred before the cancellation of the policy.