309
CurrentMAI policy in effect while insurer on risk—light rail vehicles
Chapter 6Motor accident injuries insurance
Part 6.5Length of MAI policy
309 MAI policy in effect while insurer on risk—light rail vehicles
(1)
An MAI policy for a light rail vehicle is in force for the period for which the MAI insurer is on risk under this section.
(2)
The MAI insurer of the light rail vehicle is on risk for the insurance period for the light rail vehicle.
(3)
The MAI insurer ceases to be on risk if the MAI policy is cancelled.
Note
Cancellation of MAI policies for a light rail vehicle is dealt with in s 313.
(4)
In this section:
insurance period—see section 301 (2).
This Act’s bill:Explanatory statementSecond reading speech
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