s 300
In forceSelecting for motor vehicle with trader’s plate
Chapter 6Motor accident injuries insurance
Part 6.4Selecting an MAI insurer
300 Selecting for motor vehicle with trader’s plate
If a person applies to the road transport authority for a trader’s plate, the person must also—
(a)
select, in a way approved by the road transport authority, a licensed insurer to be the MAI insurer for an MAI policy for a motor vehicle to which the trader’s plate may be attached for the period for which the trader’s plate is issued; and
(b)
pay to the road transport authority the MAI premium for the MAI policy for the period for which the trader’s plate is issued.
Note 1 Trader’s plates are issued under the Road Transport (Vehicle Registration) Regulation 2000, s 88.
Note 2 MAI premiums are decided under pt 6.7.
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