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Motor Accident Insurance Act 1994
sec.14Recommendations about levies and administration fee
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### sec.14 Recommendations about levies and administration fee
At least 4 months before the end of each financial year, the commission must make recommendations to the Minister on the amount of—
the statutory insurance scheme levy for the next financial year; and
the hospital and emergency services levy for the next financial year; and
the Nominal Defendant levy for the next financial year and the component, if any, to be included in the levy for satisfying liabilities of the Nominal Defendant under section 33 (2) ; and
the administration fee for the next financial year.
For the commission’s role in making recommendations about the injury insurance scheme levy, see the National Injury Act , section 98 .
A levy mentioned in subsection (1) or the administration fee may vary according to any 1 or more of the following factors—
the class of CTP insurance;
the period of insurance;
any other factor stated in a regulation.
If there is an unexpected increase in the Nominal Defendant’s liabilities that necessitates, in the commission’s opinion, an increase in the Nominal Defendant levy before the end of a financial year for which the levy has been fixed, the commission may, at any time, recommend a special increase in the Nominal Defendant levy.
s 14 amd 1999 No. 12 s 9
sub 2000 No. 17 s 10
amd 2003 No. 26 s 16 ; 2016 No. 34 s 173
(sec.14-ssec.1) At least 4 months before the end of each financial year, the commission must make recommendations to the Minister on the amount of— the statutory insurance scheme levy for the next financial year; and the hospital and emergency services levy for the next financial year; and the Nominal Defendant levy for the next financial year and the component, if any, to be included in the levy for satisfying liabilities of the Nominal Defendant under section 33 (2) ; and the administration fee for the next financial year. For the commission’s role in making recommendations about the injury insurance scheme levy, see the National Injury Act , section 98 .
(sec.14-ssec.2) A levy mentioned in subsection (1) or the administration fee may vary according to any 1 or more of the following factors— the class of CTP insurance; the period of insurance; any other factor stated in a regulation.
(sec.14-ssec.3) If there is an unexpected increase in the Nominal Defendant’s liabilities that necessitates, in the commission’s opinion, an increase in the Nominal Defendant levy before the end of a financial year for which the levy has been fixed, the commission may, at any time, recommend a special increase in the Nominal Defendant levy.
- (a) the statutory insurance scheme levy for the next financial year; and
- (b) the hospital and emergency services levy for the next financial year; and
- (c) the Nominal Defendant levy for the next financial year and the component, if any, to be included in the levy for satisfying liabilities of the Nominal Defendant under section 33 (2) ; and
- (d) the administration fee for the next financial year.
- (a) the class of CTP insurance;
- (b) the period of insurance;
- (c) any other factor stated in a regulation.