Determination of motor accident levy
490 Determination of motor accident levy
The Minister must determine a levy (a motor accident levy) that the Minister believes on reasonable grounds will fund the MAI commission’s functions, including the MAI commission’s staff.
The Minister may determine a motor accident levy as any of the following:
a fixed amount;
a percentage of the MAI premium payable for an MAI policy;
a combination of a fixed amount and percentage of the MAI premium payable for an MAI policy.
The Minister may determine a period for which the levy is payable.
A motor accident levy may be determined to differ according to any classification or other criteria for the determination of premiums for MAI policies as provided for by the MAI guidelines.
A determination is a disallowable instrument.
Note Power to make a statutory instrument includes power to make different provision in relation to different matters or different classes of matters, and to make determination that applies differently by reference to stated exceptions or factors (see Legislation Act, s 48).
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.