MT
Compensation Body Regulations, 2004
Table of Provisions (8)
Statutory Text (8 Articles)
L.N. 94 of 2004
MOTOR VEHICLES INSURANCE
(THIRD-PARTY RISKS) ORDINANCE
(CAP. 104)
Compensation Body Regulations, 2004
IN exercise of the powers conferred by article 23 of the Motor
Vehicles Insurance (Third-Party Risks) Ordinance, the Minister for
Transport and Communications, has made the following
regulations>–
(1) The title of these regulations is the Compensation Title and
commencement.
Body Regulations, 2004.
(2) These regulations shall come into force on the 1st
March, 2004.
In these regulations, unless the context otherwise requires –
Interpretation.
“the Ordinance” means the Motor Vehicles Insurance Cap. 104.
(Third-Party Risks) Ordinance<
“the Fund” means the Protection and Compensation Fund
established by Article 49 of the Insurance Business Act.
The Compensation Body referred to in article 9C of the The Compensation
Body.
Ordinance, shall be the Bureau defined for the purposes of sub-
regulation (1) of regulation 23 of the Protection and Compensation
Fund Regulations, 2003, known as the Motor Insurers Bureau.
L.N. 435 of 2003.
Every insurer carrying business of motor insurance in Malta Contributions to
shall pay a contribution to the Compensation Body to be utilised the
Body.
exclusively for the payment of claims of civil liability by the
Compensation Body. The Compensation Body shall establish such
contribution, taking into account the sums required, or expected to
be required, for the purpose of the Compensation Body.
No payment shall be made by the Compensation Body in Cases where
those circumstances where no payment would have been made by compensation
be made.
the Fund pursuant to paragraph (b) of regulation 28 of the Protection
and Compensation Fund Regulations, 2003.
In considering compensation to any application for
payment, the Compensation Body shall take into account any other
amount of compensation made to the applicant in respect of the same
liability under any other law.
In all cases of compensation, the total liability which shall
be required to be made by the Compensation Body shall be up to the
same amount as is required to be covered by a policy of insurance
under the Ordinance or by such regulations as may be issued from
time to time.
Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press