Legislative Council: Tuesday, February 12, 2019

Contents

Motor Accident Commission

In reply to the Hon. K.J. MAHER (Leader of the Opposition) (13 November 2018).

The Hon. R.I. LUCAS (Treasurer):

1. Surplus funds have previously been budgeted to return as either dividends or returns of equity. Previous dividends/returns from MAC have been paid to the Highways Fund with the intention that they be put toward road safety initiatives, pursuant to section 25(5)(d) and in accordance with section 26(2) of the Motor Accident Commission Act 1992 (MAC Act).

2. An amount of $142.7 million in 2018-19 was budgeted to be paid from the Motor Accident Commission, as at the 2018-19 Mid-Year Budget Review.