Economic Regulator (MAIB Premiums) Order 2025
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3 Interpretation
(1) In this order, unless the contrary intention appears –
Average Weekly Earnings means the Average Weekly Earnings published by the Australian Bureau of Statistics;
AWOTE means the dollar figure for full-time adult ordinary time earnings for persons set out in that part of the Average Weekly Earnings that is under the heading “AVERAGE WEEKLY EARNINGS Australia: Original”;
Board means the Motor Accidents Insurance Board;
class means a class specified in Schedule 1 ;
commencement day means the day on which this order takes effect;
escalator index means the escalator index calculated in accordance with clause 4 ;
first year means the period of 12 months commencing on the commencement day;
fourth year means the period of 12 months commencing at the end of the third year;
heavy vehicle has the same meaning as in the Heavy Vehicle National Law (Tasmania) Act 2013 ;
hire and drive passenger service has the same meaning as in the Passenger Transport Services Act 2011 ;
luxury hire car has the same meaning as in the Taxi and Hire Vehicle Industries Act 2008 ;
luxury hire car service has the same meaning as in the Taxi and Hire Vehicle Industries Act 2008 ;
pensioner means a person who is –