There are many things that are meant by the phrase compulsory third party. Typically, the phrase compulsory third party is referring to a type of insurance that is paid whenever one registers their vehicle in South Australia.
Information on compulsory third party insurance (CTP) or "greenslip", as it is most commonly known, can be found at websites like "CompareTheMarket". This site has all the info you need.
CTP means Compulsory Third Party. CTP or Greenslip insurance is required by all drivers in Australia, it provides a cover for injuries and death resulting from an accident.
A person other than the parties to a liability policy (i.e., not the insurer nor the policyholder) is a third party.
In NSW Australia they suspend your drivers license and suspend your compulsory third party insurance
all insurance contracts are not compulsory in any where . but only few of them are in compulsory according to the nature of contract where the liability arises for third party there is provision of compulsory insurance contract . this type of insurance is initiated by prince otto von wismark in Germany . vivek tyagi from department of legal studies ccsu campus meerut
Green slips are considered to be coverage, a Compulsory Third Party (CTP) that is needed to have on all vehicles that are operated. There is an exclusion on trailers.
It's the party for whom the insurance was purchased to save his interest if the contracting party was proved to be liable against him
The illegal movement of people from one area to another by a third party for payment.
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The plural of third party is third parties.
Third party inspection companies | Third party inspection services
Your phrase is not a legal term. However, you may be referring to a situation where a property owner desires to transfer her property to herself and another as joint tenants. In Massachusetts the owner now has a statutory right to execute a deed granting the property to herself and another as joint tenants. In many other states a straw must be used. By that method title to the property is conveyed to a third party thereby severing the interest of the owner. Title to the property is immediately conveyed by that third party back to the two who desire to own the property as joint tenants.