10Maximum premium for pensioners, &c.

10 Maximum premium for pensioners, &c.

(1)  In this clause –

eligible asylum seeker means a person who is –

(a) the registered operator of a motor vehicle; and

(b) one of the following persons:

(i) the holder of a Bridging (Class WE) (Subclass 050 or 051) visa issued under section 73 of the Migration Act 1958 of the Commonwealth;

(ii) a person who is subject to a residence determination that has been made under section 197AB of the Migration Act 1958 of the Commonwealth;

eligible pensioner means a person who is –

(a) the registered operator of a motor vehicle; and

(b) one of the following persons:

(i) a pensioner;

(ii) a person who has a severe disability;

(iii) a parent or guardian of a person who has a severe disability and has not attained the age of 16 years.

(2)  The maximum premium that the Board may determine to be payable at any one time during the first year, second year, third year or fourth year in respect of one class 1 or class 2 motor vehicle of an eligible asylum seeker or eligible pensioner is 80% of the premium that, but for this clause, would be payable in respect of that motor vehicle.

(3)  In relation to any other class 1 or class 2 motor vehicle of the eligible asylum seeker or eligible pensioner, the maximum premium payable in respect of that vehicle is the premium that would be payable in respect of that motor vehicle if the registered operator were not an eligible asylum seeker or eligible pensioner.