Consultation on Funding of the Motor Vehicle Account ACC, acting on behalf of the Minister for Accident Rehabilitation and Compensation Insurance, is seeking the views of the motoring public and other interested parties on proposed changes to funding of the Motor Vehicle Account, including: a reduction in the current class 2 motor vehicle premium rate from $90 to $81 (95 percent of vehicles registered are class 2); proposed changes to the Corporation's Reserves Policy; and funding of the Motor Vehicle Account. ACC has produced a detailed discussion paper, and a shorter summary version, which reviews the current Motor Vehicle Account premium structure, and presents four ways to improve the current arrangements: the Exposure Option where premiums relate to exposure (distance travelled) and the size of car/fuel efficiency; the Vehicle Option where premiums are greater for owners of large cars and motor cycles, reflecting greater involvement in more severe injury/fatal accidents; the Driver Option where premiums are greater for younger drivers who are at higher risk of having an accident; and the Mixed Vehicle and Driver Option where premiums are greater for owners of large cars and motor cycles, reflecting greater involvement in more severe injury/fatal accidents; and greater for younger male vehicle owners who are at higher risk of having an accident. Under sections 128 and 167b (2) of the Accident Rehabilitation and Compensation Insurance Act 1992, premium payers are invited to make written submissions on the proposed reserves policy and motor vehicle premium regulations. A discussion paper is available by writing to ACC, P.O. Box 242, Wellington or by contacting Joanne Allan on (04) 460 7367 or the ACC Premiums help-desk on 0800 222 776. The options presented in this paper are not government policy. The Corporation is consulting for discussion purposes only. Following consultation, the Corporation will present findings for government consideration. Submissions on the premium rate and the reserves policy close on Friday, 22 August 1997. Submissions on the proposed premium structures close on Friday, 28 November 1997.