Page 121 - Week 01 - Tuesday, 12 February 2008

omit clause 177 (1) (b) (i), substitute

(i) is not satisfied that the applicant would properly exercise the functions of a licensed insurer if issued with a licence; or

Schedule 4

Amendment moved by Mr Smyth

Proposed new clause 265A

Page 190, line 26—

insert

265A Review of Act

(1) The Minister must review the operation of this Act as soon as practicable after the end of its 3rd year of operation.

(2) The Minister must present a report on the review to the Legislative Assembly within 3 months after the day the review is started.

(3) In reviewing the Act, the Minister must have regard to—

(a) how effectively the scheme under the Act provides reduced premiums for compulsory third-party insurance policies for motor vehicles; and

(b) any reform to any scheme providing for compulsory third party insurance for motor vehicles implemented in other jurisdictions in Australia.

(4) In reviewing the Act, the Minister may have regard to anything else that the Minister considers relevant.

(5) This section expires 5 years after the day it commences.

Amendment moved by Dr Foskey to Mr Smyth’s amendment

Amendment 1

Proposed new clause 265A

Page 190, line 26—

insert

(3) (c) the impact of the changes on the recovery to health, well-being and work of the claimant.