New South Wales Consolidated Acts

MOTOR VEHICLES (THIRD PARTY INSURANCE) ACT 1942 - SECT 9

9 Issue of third-party policy

(2) Upon lodgment under section 8 (1) (b) of the appropriate amount of insurance premium, the Government Insurance Office shall be deemed to have been nominated as the insurer of the motor vehicle in respect of which such amount was lodged and to have issued a third-party policy, duly stamped within the meaning of the Stamp Duties Act 1920 , in relation to such motor vehicle.

(2A) For the purposes of this Act, a policy referred to in subsection (2) shall be deemed to be expressed:

(a) to commence on the date of commencement of the registration or renewal of registration or the date of lodgment of the amount referred to in that subsection, whichever is the later, and

(b) to terminate on the date of expiration of the registration or renewal of registration.

(3) Upon lodgment under section 8 (2) (b) of the appropriate amount of insurance premium, the Government Insurance Office shall be deemed to have been nominated as the insurer of motor vehicles to which the trader’s plate, specified in the receipt for payment of such amount, is affixed and to have issued a third-party policy, duly stamped within the meaning of the Stamp Duties Act 1920 , in relation to such motor vehicles.

(3A) For the purposes of this Act, a policy referred to in subsection (3) shall be deemed to be expressed:

(a) to commence on the date of commencement shown in such receipt or the date of lodgment of the amount referred to in that subsection whichever is the later, and

(b) to terminate on the date of expiration shown in such receipt.

(4) Where a third-party policy is deemed to be issued pursuant to subsection (2) or (3) it shall not, for the purposes of this or any other Act, be necessary for the Government Insurance Office to make out, execute or issue a third-party policy.

(5) The Commissioner shall, at such times as may be agreed upon by the Commissioner and the Government Insurance Office, pay any amount of insurance premium lodged with the Commissioner in accordance with section 8 (1) (b) or (2) (b) to the Government Insurance Office.