Compulsory Third Party Insurer Licence - Australian Capital Territory

Service summary

You will require this licence if you are a licensed insurer and intend to offer compulsory third party (CTP) motor vehicle insurance in the Australian Capital Territory.

Please be aware that if your application is approved you must provide the Agency with information on the premiums you intend to charge.

Please use the contact details below to find out more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this licence your corporation must:

  • Submit an application form:
  • Be licensed to act as an insurer, and carry on an insurance business;
  • Be a party to the insurance industry deed; and
  • Pay the prescribed fees.

If you hold a licence in another State or Territory and intend to conduct work in the Australian Capital Territory your licensing status may be recognised under the mutual recognition system. To be eligible you will need to provide a copy of this licence.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

As specified on your licence.

Fees

 TypeDescription
ApplyApplication

Please consult the Contact Officer for information on fees to be submitted.

Forms

 Resources
Apply

Application for a CTP Insurer Licence - Please consult the Contact Officer for information on forms to be submitted.

Lodgement

Apply

You may be required to provide a copy of the authority to carry on an insurance business. Please lodge your application and any associated documentation directly with the Agency.


Administering agency

Chief Minister, Treasury and Economic Development Directorate
Treasury

Act(s) name

Road Transport (Third-Party Insurance) Act 2008 (Australian Capital Territory)

Regulation(s) name

Road Transport (Third-Party Insurance) Regulation 2008 (Australian Capital Territory)

Contact details

Enquiries
Chief Minister, Treasury and Economic Development Directorate
Treasury


Mailing address:
GPO BOX 158
Canberra, Australian Capital Territory 2601

Phone:

132281

Phone:

02 62075111

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.