141Payments out of TAC Fund

141 Payments out of TAC Fund

141 Payments out of TAC Fund

(1) There shall be paid out of the TAC Fund:

(a) amounts payable under this Part, and

(a1) any amount payable by the Self Insurance Corporation under a sharing agreement made with another person in respect of compensation or damages for death or personal injury arising from an accident in New South Wales or elsewhere in Australia involving a motor vehicle which occurred before 1 July 1989, and

(a2) an amount (payable into the Consolidated Fund) equal to $3 for every $43 that is received by Transport for NSW from the payment of short-fall levies under section 148 in relation to an application made for the registration or renewal of registration of a motor vehicle, and

(b) all charges, costs and expenses incurred by the Self Insurance Corporation in the exercise of its functions under this Part.

(2) There may be paid out of the TAC Fund all other amounts required or authorised by the regulations to be paid out of the Fund.

s 141: Am 1997 No 3, Sch 1 [19]; 1999 No 41, Sch 3 [20]; 2004 No 106, Sch 2.2 [3]; 2011 No 41, Sch 5.24; 2020 No 30, Sch 4.48.