Motor Accident Insurance Amendment Bill 2001 (Qld)

Queensland

MOTOR ACCIDENT INSURANCE AMENDMENT BILL 2001

Queensland

MOTOR ACCIDENT INSURANCE AMENDMENT BILL 2001

TABLE OF PROVISIONS

Section Page 1 Short title. 2... eee eens 4 2 Act amended ...... 0... 00. ec cee eens 4 3 Amendment of s 28 (Motor Accident Insurance Fund)...............-- 4 4 Amendment of s 29 (Nominal Defendant Fund)..................2.-- 4 5 Amendment of s 33 (Nominal Defendant as the insurer) ............... 4 6 Amendment of pt 7, div 1 (Provisions for Act before commencement of

Motor Accident Insurance Amendment Act 1999) ...............0200- 5 7 Amendment of s 106 (Nominal Defendant) ...................000005 5

8 Amendment to omit headings following cross references .............. 6

A BILL FOR

An Act to amend the Motor Accident Insurance Act 1994

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sl 4 s5 Motor Accident Insurance Amendment Bill 2001

The Parliament of Queensland enacts—

1__ Short title

This Act may be cited as the Motor Accident Insurance Amendment Act 2001.

2 Act amended This Act amends the Motor Accident Insurance Act 1994.

3 Amendment of s 28 (Motor Accident Insurance Fund) (1) Section 28(2)(a)— omit, insert—

'(a) an amount transferred to the fund under section 33(6) or 106;! and'.

(2) Section 28(3)(b)— omit, insert—

'(b) payments relating to an advance of amounts under subsection (6), that are payable under the terms of the advance.'.

4 Amendment of s 29 (Nominal Defendant Fund) Section 29(3)(c)— omit, insert—

'(c) payments relating to an advance of amounts' under subsection (4), that are payable under the terms of the advance.'.

5 Amendment of s 33 (Nominal Defendant as the insurer) Section 33—

1 Section 33 (Nominal Defendant as the insurer) or 106 (Nominal Defendant)

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s6 5 s7 Motor Accident Insurance Amendment Bill 2001

insert—

'(4) Subject to subsection (5), if the Nominal Defendant Fund proves insufficient to meet the liabilities of the Nominal Defendant under subsection (2), the commissioner must make payments from the Motor Accident Insurance Fund to meet the deficiency.