309MAI policy in effect while insurer on risk—light rail

309 MAI policy in effect while insurer on risk—light rail vehicles (1) An MAI policy for a light rail vehicle is in force for the period for which the MAI insurer is on risk under this section. (2) The MAI insurer of the light rail vehicle is on risk for the insurance period for the light rail vehicle.

Length of MAI policy Part 6.5 (3) The MAI insurer ceases to be on risk if the MAI policy is cancelled. Note Cancellation of MAI policies for a light rail vehicle is dealt with in s 313. insurance period—see section 301 (2).