Towing service provider must have insurance
9B Towing service provider must have insurance
In this regulation —
authorised insurer means a person authorised under the Insurance Act 1973 (Cth) section 12 to carry on insurance business in Australia.
A towing service provider in relation to a regulated towing business must take out and maintain, with an authorised insurer, a policy of insurance to indemnify the provider against liability in respect of any loss or theft of, or damage to —
a vehicle that is towed or stored by the provider in the conduct of the regulated towing business; and
personal property kept in a vehicle described in paragraph (a).
Penalty for this subregulation:
for an individual, a fine of $9 000;
for a body corporate, a fine of $45 000.
[Regulation 9B inserted: SL 2026/53 r. 7.]
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