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Motor Accident Injuries Act 2019
314Meaning of MAI premium
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314 Meaning of MAI premium MAI premium, for an MAI policy, means the insurance premium approved for the policy under— (a) section 319 (MAI commission to approve or reject premiums); or (b) section 320 (MAI commission may reconsider rejected (c) section 321 (Mediation of rejected premiums); or (d) section 322 (Arbitration of unresolved premiums).