QLDIn ForceAct
Motor Accident Insurance Act 1994
sec.3Objects
Start here
Get a plain-English read of sec.3
Turn the raw legal text into a practical explanation grounded in Motor Accident Insurance Act 1994.
### sec.3 Objects
The objects of this Act are—
to continue and improve the system of compulsory third-party motor vehicle insurance ( CTP insurance ), and the scheme of statutory insurance for uninsured and unidentified vehicles, operating in Queensland; and
to establish a basis for assessing the affordability of CTP insurance; and
to keep the costs of CTP insurance at a level the average motorist can afford; and
to promote competition in the setting of premiums for CTP insurance; and
to provide for the licensing and supervision of insurers providing CTP insurance under CTP insurance policies; and
to encourage licensed insurers to act in a way that supports the integrity of, and public confidence in, the statutory insurance scheme; and
to encourage the speedy resolution of personal injury claims resulting from motor vehicle accidents; and
to promote and encourage, as far as practicable, the rehabilitation of claimants who sustain personal injury because of motor vehicle accidents; and
to establish and keep a register of claims to help the administration of the statutory insurance scheme and the detection of fraud; and
to promote measures directed at eliminating or reducing causes of motor vehicle accidents and mitigating their results; and
to establish measures directed at eliminating or reducing the practice of giving or receiving consideration for a claim referral or potential claim referral, or soliciting or inducing a claimant to make a claim, in contravention of this Act.
s 3 amd 2000 No. 17 s 4 ; 2010 No. 32 s 4 ; 2019 No. 36 s 3
- (a) to continue and improve the system of compulsory third-party motor vehicle insurance ( CTP insurance ), and the scheme of statutory insurance for uninsured and unidentified vehicles, operating in Queensland; and
- (b) to establish a basis for assessing the affordability of CTP insurance; and
- (c) to keep the costs of CTP insurance at a level the average motorist can afford; and
- (d) to promote competition in the setting of premiums for CTP insurance; and
- (e) to provide for the licensing and supervision of insurers providing CTP insurance under CTP insurance policies; and
- (f) to encourage licensed insurers to act in a way that supports the integrity of, and public confidence in, the statutory insurance scheme; and
- (g) to encourage the speedy resolution of personal injury claims resulting from motor vehicle accidents; and
- (h) to promote and encourage, as far as practicable, the rehabilitation of claimants who sustain personal injury because of motor vehicle accidents; and
- (i) to establish and keep a register of claims to help the administration of the statutory insurance scheme and the detection of fraud; and
- (j) to promote measures directed at eliminating or reducing causes of motor vehicle accidents and mitigating their results; and
- (k) to establish measures directed at eliminating or reducing the practice of giving or receiving consideration for a claim referral or potential claim referral, or soliciting or inducing a claimant to make a claim, in contravention of this Act.