Penalty Notice Powers for the Monitor to Enforce Compliance
Emergency Services Levy Insurance Monitor Bill 2024
Legislative Council
Legislative Assembly
Assent
Introduced by: The Hon Daniel Mookhey MLC (ALP); The Hon Paul Scully MP (ALP)
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
The Debate
What different members said when this bill was debated:
Mr MATT KEAN
“The Opposition supports the Emergency Services Levy Insurance Monitor Bill 2024, which amends the Emergency Services Levy Act 2017 to appoint the Independent Pricing and Regulatory Tribunal [IPART] as the Emergency Services Levy Insurance Monitor.”
David Mehan ALP
“I thank the member for Hornsby for his comments and I acknowledge the Opposition’s support of the bill. As I have said previously, it is important that we approach this reform in a careful and considered manner, consulting as widely as possible.”
News articles and press releases
Emergency Services Levy Insurance Monitor Bill 2024
The Hon. DANIEL MOOKHEY — 2024-05-09
The bill establishes the Independent Pricing and Regulatory Tribunal [IPART] as the insurance monitor. Under part 2 of this bill, the Emergency Services Levy Insurance Monitor is established to be responsible for overseeing the transition from the ESL to the replacement levy. The Government has selected IPART to be appointed as the insurance monitor. IPART will have the key responsibility of ensuring that insurers pass on savings from the removal of the ESL. IPART is an independent, well-regarded government agency that has core price monitoring functions, and executives with extensive insurance industry experience.