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MOTOR ACCIDENTS COMPENSATION ACT 1999 - SECT 171 Authority guidelines for market practice

MOTOR ACCIDENTS COMPENSATION ACT 1999 - SECT 171

Authority guidelines for market practice

171 Authority guidelines for market practice

(1) The Authority may issue to licensed insurers guidelines with respect to the issue of third-party policies.
(2) The Authority may amend, revoke or replace any such guidelines.
(3) The Authority is to consult licensed insurers before it issues, amends or replaces any such guidelines.
(4) It is a condition of a licence granted under Part 7.1 that the licensed insurer must comply with the guidelines in force under this section.