Declaration of industry code of conduct in relation to motor vehicle insurers and repairers
53 Declaration of industry code of conduct in relation to motor vehicle insurers and repairers
The regulations may declare that a code of conduct specified or referred to in the regulations is an applicable industry code of conduct for the purposes of this Division in relation to the conduct of the business of insurers and repairers.
A regulation that declares a code of conduct under subsection (1) may—
exclude any class of motor vehicles from the application of the code, and
exclude any provision of the code that relates to the voluntary application of that code.
The regulations may contain provisions of a savings or transitional nature consequent on the declaration of an applicable industry code of conduct.
This provision refers to the regulations (The regulations may declare
, the regulations
, A regulation
). Made under this Act:
This Act’s bill:Explanatory memorandum
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