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Definitions
2.1 Table 2.1 shows the meanings of terms used in this part of the Motor Accident Guidelines.
Table 2.1: Terms used in this part of the Motor Accident Guidelines
Term | Definition |
|---|---|
Distribution channel | A mechanism or method through which licensed insurers issue and administer third-party policies. This can include but is not limited to agents, telephone call centres, the internet and over-the-counter operations. |
eGreenSlip | The electronic notification of a third-party policy by an insurer to Roads & Maritime Services. |
Input Tax Credits (ITC) | That is, the credit an entity registered for GST can claim for any GST included in the third-party premium paid. |
Roads & Maritime Services (RMS) | A NSW statutory authority constituted by the Transport Administration Act 1988 (NSW). |