Northern Territory Numbered Acts

MOTOR ACCIDENTS (COMPENSATION) COMMISSION ACT 2014 (NO 42 OF 2014) - SECT 16

    (1)     The Motor Accidents (Compensation) Fund (established by section 22B of the Territory Insurance Office Act ) is continued.

    (2)     The assets of the Fund:

    (a)     are the property of the Territory; and

    (b)     are held by the Commission on behalf of the Territory.

    (3)     To avoid doubt:

    (a)     a trust is not created in relation to the Fund; and

    (b)     the Commission is not a trustee in relation to the Fund.