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Transport Operations (Road Use Management—Vehicle Registration) Regulation 2021
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Transport Operations (Road Use Management—Vehicle Registration) Regulation 2021
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This section applies if an insurer, in the course of the insurer’s insurance business in Queensland, assesses a notifiable vehicle as a total loss, regardless of whether the vehicle is— registered; or equivalently registered; or in Queensland. The insurer must give the chief executive the notifiable information for the vehicle before the earlier of the following happens— the expiry of 7 days after the insurer makes a final decision for a claim in relation to the vehicle; the insurer sells or otherwise disposes of— the vehicle; or any part of the vehicle that has a chassis number or VIN. Maximum penalty—50 penalty units. (sec.146-ssec.1) This section applies if an insurer, in the course of the insurer’s insurance business in Queensland, assesses a notifiable vehicle as a total loss, regardless of whether the vehicle is— registered; or equivalently registered; or in Queensland. (sec.146-ssec.2) The insurer must give the chief executive the notifiable information for the vehicle before the earlier of the following happens— the expiry of 7 days after the insurer makes a final decision for a claim in relation to the vehicle; the insurer sells or otherwise disposes of— the vehicle; or any part of the vehicle that has a chassis number or VIN. Maximum penalty—50 penalty units.