POLICE OFFENCES AMENDMENT ACT 2007 (NO. 39 OF 2007) - SECT 16 Section 49 amended (Power of Commissioner of Police to grant permit)
POLICE OFFENCES AMENDMENT ACT 2007 (NO. 39 OF 2007) - SECT 16
Section 49 amended (Power of Commissioner of Police to grant permit)
Section 49 of the Principal Act is amended as follows:(a) by omitting from subsection (1) "or reliability trial" ;(b) by omitting from subsection (1)(a) "or trial" ;(c) by omitting from subsection (2) "or trial" ;(d) by omitting subsections (3A) , (4) and (5) and substituting the following subsections:(4) No permit granted under this section authorising the holding of a motor-vehicle race is of any effect unless there is in force in relation to that race a policy of insurance that complies with the requirements of this section.(5) Subject to subsection (6) , in order to comply with the requirements of this section a policy of insurance must be a policy that (a) the Motor Accidents Insurance Board confirms is issued by an insurer, or arranged by a broker, authorised by the Australian Prudential Regulation Authority to provide, or renew, insurance in Australia; and(b) provides for insurance covering liability in respect of any person taking part in the motor-vehicle race jointly and each of them severally (including liability for costs) that may be incurred by any such person, whether jointly with any other person or severally (i) in respect of the death or bodily injury to any person caused by or arising out of the use of a motor-vehicle which is competing or taking part in that motor-vehicle race; and(ii) where the race takes place on any public road or thoroughfare, insurance covering damage or injury to any property other than a motor-vehicle competing or taking part in a race arising from such use.(e) by omitting from subsection (6)(a)(i) "$10 000" and substituting "the prescribed amount" ;(f) by omitting from subsection (6)(a)(ii) "$100 000" and substituting "the prescribed amount" ;(g) by omitting from subsection (6)(a)(iii) "$100 000" and substituting "the prescribed amount" ;(h) by inserting the following subsection after subsection (8) :(9) The Motor Accidents Insurance Board is not liable for any action, liability, claim or demand in respect of any act or omission done in good faith under subsection (5) .