Australian Capital Territory Numbered Acts

ROAD TRANSPORT (GENERAL) ACT 1999 (NO. 77 OF 1999) - SECT 211

(1)     Cancellation of the approval of a corporation as an authorised insurer does not affect—

        (a)     a third-party policy issued by the corporation that is in force immediately before the cancellation; or

        (b)     any liability as an authorised insurer, whether under a third-party policy, this Act or any other Territory law, that accrued or was incurred—

              (i)     before the cancellation; or

              (ii)     under a third-party policy mentioned in paragraph (a).

(2)     For a third-party policy mentioned in paragraph (1) (a) or a liability mentioned in paragraph (1) (b), this Act and any other Territory law applies to the corporation as if it were an authorised insurer.