Section 10.16 — Motor Accident Injuries Act 2017 (NSW)

(cf s 214 MACA)
(1) The total of the following amounts is to be contributed by the payment to the Authority of a levy (the Fund levy) by persons to whom third-party policies are issued during a relevant period—
(a) the amount of the required fund contribution to the SIRA Fund determined under section 10.13 (d) in respect of the relevant period,
(b) the amount of the required fund contribution to the MAITC Benefits Fund determined under section 10.15 (d) in respect of the relevant period,
(c) the amount of the required fund contribution to the LCSA General Fund determined under section 49 of the Motor Accidents (Lifetime Care and Support) Act 2006 in respect of the relevant period.
(2) The Fund levy is to be an amount determined by the Authority. The Fund levy can be determined as a fixed amount or as a percentage of the premium payable for a third-party policy, or as a combination of a fixed amount and percentage of premium.
(3) A Fund levy can be determined to differ according to any criteria that the Authority considers appropriate.
(4) The Authority is to notify each licensed insurer of the Fund levy determined for a relevant period.

Related sections

• s 10.13 — Assessment by Authority of amount to be contributed to SIRA Fund
• s 10.14 — Motor Accident Injuries Treatment and Care Benefits Fund (the MAITC Benefits Fund)
• s 10.15 — Assessment by Lifetime Care and Support Authority of amount to be contributed to MAITC Benefits Fund
• s 10.17 — Payment and collection of Fund levy
• s 10.18 — Refund of Fund levy
• s 10.19 — Records relating to collection of Fund levies

Research how courts apply s 10.16

BriefBridge searches NSW and High Court caselaw by meaning — every answer cited to the paragraph.