Insurance Commission Of Western Australia — Schedule Of Premiums

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IX401 MOTOR VEHICLE (THIRD PARTY INSURANCE) ACT 1943 INSURANCE COMMISSION OF WESTERN AUSTRALIA Schedule of Premiums The premium schedule details the cost of Motor Injury Insurance for each of the 20 licensed vehicle classes in Western Australia. The premium is included in the cost of the Motor Vehicle Licence. Payable under the Motor Vehicle (Third Party Insurance) Act 1943 in respect of Motor Injury Insurance Policies commencing on or after 1 July 2021 until further notice. Definitions “Motor Vehicle” means any vehicle propelled by gas, oil, electricity or any other motive power, not being animal power required to be licensed, and complying with the requirements necessary for licensing under the Road Traffic (Vehicles) Act 2012, and includes a caravan trailer or semi-trailer drawn or hauled by a motor vehicle. “Passenger Transport Vehicle” means a vehicle used or intended to be used in providing a passenger transport service as defined under the Transport (Road Passenger Services) Act 2018. Schedule Annual Premium Annual Annual Rate Premium Premium Class including Class of Vehicle Rate Rate No. 10% GST excluding including and 10% 10% GST 10% GST Insurance Duty $ $ $ 1A Motor vehicle—Any motor vehicle used for private or business purposes and constructed principally for the conveyance of persons not included in Classes 2 to 8, inclusive. This class includes Station Wagons which have a designed seating capacity for four or more persons. 378.18 416.00 457.55 (Any vehicle licensed under Regulation 70 of the Road Traffic (Vehicles) Regulations 2014 and issued with number plates in accordance with those regulations as a farm vehicle shall be entitled to a rebate of 50 percent of this premium). 1B Ambulance Vehicle; Fire and Emergency Services Vehicle; Undertakers Vehicle; Motor Vehicle owned and used by the Australian Red Cross Society; or a vehicle owned and used by the Cerebral Palsy Association of WA Ltd; not included in Class 6—”Ambulance Vehicle” Any motor vehicle