Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) A corporation that was an authorised insurer under the Motor Traffic Act immediately before the commencement is taken, after the commencement, to be an authorised insurer under Part 10 (Compulsory vehicle insurance).
(2) An authorised insurer who was immediately before the commencement of this section approved by the Minister under subsection 52 (1C) of the Motor Traffic Act is taken, after the commencement, to be approved by the Minister for section 165 (Third-party insurance required for registration of motor vehicle).
(3) Anything that was done or had effect under a provision of the Motor Traffic Act in relation to an authorised insurer is, after the commencement, also taken to have been done or to have effect under the corresponding provision of this Act.
(4) For the purposes mentioned in subsection 59 (10) of the Motor Traffic Act, this Act applies to a person mentioned in that subsection as if the person were an authorised insurer under Part 10.