Northern Territory Numbered Acts

MOTOR ACCIDENTS (COMPENSATION) COMMISSION ACT 2014 (NO 42 OF 2014) - SECT 17

    (1)     The Commission must pay into the Fund:

    (a)     amounts paid to the Commission under section 46 of the Motor Vehicles Act ; and

    (b)     earnings from the investment of the Fund; and

    (c)     other amounts received by the Commission for the MAC scheme.

    (2)     The Commission may pay amounts out of the Fund only for the following purposes:

    (a)     payment of benefits under the Motor Accident (Compensation) Act ;

    (b)     administration of the MAC Scheme;

    (c)     management of the Fund;

    (d)     payment of amounts payable by the Commission under a MAC management agreement;

    (e)     discharge of any other liabilities in relation to the MAC business;

    (f)     payment of amounts required to be paid out of the Fund under section 14 (3), 2015_Actm059.html#_Ref394335989">18 , href="2015_Actm059.html#_Ref394335088">19 or 20 ;

    (g)     promotion of road safety.

    (3)     In this section:

"MAC management agreement" means a contract as mentioned in section 9 (2) under which the Commission has delegated powers and functions in relation to the MAC business.