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DRIVE A2B April 2018

*** SCROLL DOWN TO SELECT ALTERNATIVE MAGAZINE EDITIONS *** Australia's only Magazine for the Commercial Passenger Transport Industry. News and views for Drivers, Owners and Operators of Taxi, Hire Car, Limousine, Ride Share, Booked Hire Vehicles, Rank and Hail Cars.

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Insurance<br />

TfV has considered whether insurance should be regulated for commercial passenger vehicle services.<br />

Regulation may be required if the driver is unable to take out insurance for their vehicle, particularly if the<br />

driver does not own the vehicle.<br />

However, this problem is mitigated by the following:<br />

• insurance is already required where there is a driver agreement in place between the owner of the<br />

vehicle and the driver;<br />

• there is expected to be a greater number of owner-drivers under the new legislative arrangements;<br />

• the existence of alternative additional insurance products taken out by entities such as booking service<br />

providers providing protection to drivers and third parties.<br />

DRAFT REGULATIONS<br />

Options<br />

requiring the owner of the vehicle<br />

to indemnify the driver<br />

requiring the owner of the vehicle<br />

to hold certain insurance policies<br />

requiring another person, such as<br />

the booking service provider, to<br />

take out certain insurance policies,<br />

such as contingent liability<br />

insurance.<br />

Stakeholder Questions<br />

Do you agree with TfV’s assessment of the problem in relation to<br />

insurance? Why or why not?<br />

Is there any evidence to suggest that there is a continuing problem<br />

in relation to insurance of commercial passenger vehicles?<br />

Are there other options that should be considered? Are there other<br />

forms of insurance that should be considered?<br />

Should any insurance requirements be prescribed in the<br />

Regulations? Why or why not?<br />

WHERE TO NOW?<br />

A regulatory impact statement (RIS) and<br />

draft of proposed regulations has been<br />

released for public consultation.<br />

To view the proposed regulations, proposed<br />

amendments to the road rules and the<br />

RIS and provide feedback visit getinvolved.<br />

transport.vic.gov.au/regulations.<br />

TfV will be available to provide individual briefing<br />

session for stakeholders and the community during<br />

the consultation period on request.<br />

After the consultation period, TfV will consider<br />

all feedback received from stakeholders and the<br />

community and consider whether any changes to<br />

the proposed regulations and rules are required. TfV<br />

will make recommendations to the Minister about<br />

the final form and content of the regulations for the<br />

Minister to make the final decision.<br />

Submissions must be provided to Transport<br />

for Victoria (TfV) on or before 27 <strong>April</strong> <strong>2018</strong>.<br />

A public notice on the Minister’s decision will<br />

be made, with the new regulations proposed to<br />

commence on 2 July <strong>2018</strong>.<br />

SEND YOUR COMMENTS, SUGGESTIONS & FEEDBACK<br />

to the Commercial Passenger Vehicle Association of Australia (CPVAA) by 20 <strong>April</strong> <strong>2018</strong>, via email to<br />

info@cpvaa.com.au and they will incorporate your notes within their submission to Transport for Victoria.<br />

<strong>DRIVE</strong> <strong>A2B</strong> magazine · <strong>April</strong> <strong>2018</strong> 25

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