Compulsory Third Party Insurer Licence - Australian Capital Territory

Description

You will require this licence if you are a licensed insurer and intend to offer compulsory third party motor vehicle insurance policies (also known as a Green Slip).

Third party motor insurance is an insurance policy which insures the owner of a motor vehicle against liability for the injury or death of people caused by the owner or driver of the vehicle. Third party motor insurance is compulsory in the ACT and must be taken when registering a motor vehicle.

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

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
  • 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

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

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

Forms

Task Business Structure Resources
Apply All Application for a CTP Insurer Licence - Please consult the Contact Officer for information on forms to be submitted.

Other resources

Task Business Structure Resources
Comply All Premiums in the ACT (Opens in new window)

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

Administering agency

Chief Minister, Treasury and Economic Development Directorate

Treasury

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Enquiries

Treasury

Chief Minister, Treasury and Economic Development Directorate
Mailing address: GPO BOX 158
Canberra, Australian Capital Territory 2601
Phone: 02 6207 5111
Phone: 13 22 81