Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) The road transport authority may issue a trader's plate to a person for a period (the issue period ) only if subsection (2), (3) or (4) applies.
(2) The road transport authority may issue a trader's plate to the person under this subsection if the person gives the authority a certificate of insurance for motor vehicles to which the plate is to be attached that covers at least the issue period.
(3) The road transport authority may issue a trader's plate to the person under this subsection if the person—
(a) gives to the authority a written nomination of an approved authorised insurer; and
(b) pays to the authority the correct insurance premium in relation to the plate for the issue period.
(4) The road transport authority may issue a trader's plate to the person under this subsection if the plate (the replacement plate ) is issued in place of another trader's plate (the original plate ) issued to the person before the end of the third-party policy for the original plate.
(5) The third-party policy for the original plate applies to motor vehicles to which the replacement plate is attached instead of motor vehicles to which the original plate is attached.
(6) If the road transport
authority issues a trader's plate under
subsection (3), the nominated approved
authorised insurer is taken to have issued—
(a) a certificate of insurance for motor vehicles to which the plate is to be attached; and
(b) a third-party policy for those vehicles that is expressed to begin on the date of issue of the plate and end on the date the issue of the plate expires.
(7) In this section—