297
CurrentMAI policy not affected by errors etc
Chapter 6Motor accident injuries insurance
Part 6.3Motor accident injuries policies
297 MAI policy not affected by errors etc
(1)
The validity of an MAI policy is not affected by an error of the road transport authority, or an error of a licensed insurer, in relation to the policy.
(2)
The validity of an MAI policy is not affected by payment of an incorrect MAI premium for the policy.
(3)
A licensed insurer who has been paid an incorrect MAI premium may recover any outstanding amount as a debt owing to the insurer.
This Act’s bill:Explanatory statementSecond reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.