1Short titleThis notice may be cited as the Motor Accident Insurance Indexation Notice 2024.2CommencementThis notice commences on 1 July 2024.3Declared costs limit—Act, s 100AFor section 100A(1)(a) of the Act, $4,590 is fixed, for the 2024–2025 financial year, as the declared costs limit.4Lower offer limit—Act, s 100AFor section 100A(1)(b) of the Act, $54,850 is fixed, for the 2024–2025 financial year, as the lower offer limit.5Upper offer limit—Act, s 100AFor section 100A(1)(c) of the Act, $91,460 is fixed, for the 2024–2025 financial year, as the upper offer limit.6Amounts prescribed under particular former provisions of Act—Act, s 119(1)This section and schedule 1 state information for section 119(3) of the Act.(2)An amount stated in column 2 of the table in schedule 1 was prescribed, under former section 4 of the Act, definition declared costs limit, for an injury that arose during the period stated opposite in column 1 of the table.(3)An amount stated in column 3 of the table in schedule 1 was prescribed, under former section 4 of the Act, definition lower offer limit, for an injury that arose during the period stated opposite in column 1 of the table.(4)An amount stated in column 4 of the table in schedule 1 was prescribed, under former section 4 of the Act, definition upper offer limit, for an injury that arose during the period stated opposite in column 1 of the table.(5)In this section—former, for a provision of the Act, means the provision as in force immediately before the commencement of the Justice and Other Legislation Amendment Act 2023, part 21. Schedule 1Amounts prescribed under particular former provisions of Actsection 6Column 1Column 2Column 3Column 4Period (dates inclusive)Declared costs limit ($)Lower offer limit ($)Upper offer limit ($)12 December 2002 to 30 June 20102,50030,00050,00021 July 2010 to 30 June 20112,95035,34058,90031 July 2011 to 30 June 20123,04036,40060,67041 July 2012 to 30 June 20133,21038,39063,99051 July 2013 to 30 June 20143,38040,46067,45061 July 2014 to 30 June 20153,51041,99070,01071 July 2015 to 30 June 20173,60043,02071,73081 July 2017 to 30 June 20183,69044,07073,49091 July 2018 to 30 June 20193,80045,43075,750101 July 2019 to 30 June 20203,91046,80078,040111 July 2020 to 30 June 20214,00047,85079,790121 July 2021 to 30 June 20224,02048,03080,090131 July 2022 to 30 June 20234,16049,70082,870141 July 2023 to 30 June 20244,38052,35087,300