136Release of information in Register to CTP insurers

136 Release of information in Register to CTP insurers

136 Release of information in Register to CTP insurers

(cf 2007 reg cl 14D)

(1) Transport for NSW may enter into an agreement with a CTP insurer (a CTP insurer registration information disclosure agreement) that provides for the release to the CTP insurer of the relevant information about a registrable vehicle in connection with the following—

(a) the issue by that CTP insurer of a third-party policy in respect of the vehicle (including the provision of a quote for the issue of such a policy),

(b) the management (including cancellation) of a third-party policy issued by that CTP insurer in respect of the vehicle,

(c) the management of claims made under a third-party policy issued by that CTP insurer in respect of the vehicle (including the investigation of insurance fraud),

(d) the consistency of records held by Transport for NSW and that CTP insurer in relation to third-party policies issued by that CTP insurer,

(e) the identification of the CTP insurer that is on risk in respect of the vehicle.

Note—

See the Motor Accident Injuries Act 2017, section 2.7.

(2) Transport for NSW is authorised to release relevant information in accordance with a CTP insurer registration information disclosure agreement.

(3) A CTP insurer registration information disclosure agreement may provide for the payment of fees by a CTP insurer to Transport for NSW in connection with the agreement, including fees for the release of relevant information in accordance with the agreement.

(4) In this clause—

CTP insurer means a licensed insurer under the Motor Accident Injuries Act 2017.

relevant information, with respect to a registered vehicle, means the following information—

(a) any information recorded in the Register,

(b) the date of birth of the registered operator (or any former or proposed registered operator) of the vehicle.

third-party policy means a third-party policy of insurance as defined under the Motor Accidents Compensation Act 1999.