Limits of Liability (Amendment) Regulations, 2008

L.N. 190 of 2008

THE MOTOR VEHICLES INSURANCE

(THIRD PARTY RISKS) ORDINANCE

(CAP. 104)

Limits of Liability (Amendment) Regulations, 2008

In exercise of the powers conferred by articles 4 and 23 of the

Motor Vehicles Insurance (Third-Party Risks) Ordinance, the

Minister for Infrastructure, Transport and Communications, in

consultation with the Minister of Finance, the Economy and

Investment has made the following regulations

The title of these regulations is the Limits of Liability Short title.

(Amendment) Regulations, 2008 and they shall be read and construed

as one with the Limits of Liability Regulations, 2004, hereinafter

L.N. 101 of 2004.

referred to as “the principal regulations”.

For paragraphs (a) and (b) of regulation 3 of the principal Amendment of

Regulation 3 of the

regulations, there shall be substituted the following

principal

regulations.

“(a) in the case of death or bodily injury, an amount not

less than five million euro (€5,000,000) for every claim,

whatever the number of injured parties;

(b) in the case of damage to property, an amount not less

than one million euro (€1,000,000) for every claim, whatever

the number of injured parties.”.

Immediately after regulation 3 of the principal regulations, Adds new

regulation 4 to the

there shall be added the following new regulation

principal

regualtions.

“Provisions relating to time.

The amounts of compensation mentioned in paragraphs (a)

and (b) of regulation 3 hereof shall come into force as follows

(a) as from the coming into force of these regulations

until the 10 th day of December, 2009, the amounts of

compensation mentioned in paragraph (a) of regulation 3 shall

be that of up to one million, one hundred and sixty-four thousand

and six hundred and eighty-six euro and seventy cents

(€1,164,686.70) per accident, irrespective of the number of

injured parties involved; whereas the amounts of compensation

mentioned in paragraph (b) of regulation 3 shall be that of up

to two hundred and thirty-two thousand and nine hundred and

thirty-seven euro and thirty-four cents (€ 232,937.34)

irrespective of the number of parties involved or the nature of

the damage;

(b) as from the 11 th day of December, 2009 the amounts

of compensation, in the case of claims relating to death or bodily

injury, mentioned in paragraph (a) of this regulation shall be

increased to that of two million five hundred thousand euro

(€2,500,000) for every claim, whatever the number of injured

parties; whereas the amounts of compensation in the case of

claims relating to property mentioned in the said paragraph shall

be increased to that of five hundred thousand euro (€500,000)

for every claim, whatever the number of injured parties;

(c) as from the 11 th day of June, 2012 the amounts of

compensation applicable shall be those amounts prescribed in

paragraphs (a) and (b) of regulation 3 hereof.”.

A new regulation 5 shall be introduced in the principal

regulations as follows

“Adjustment to the amounts of compensation.

The amounts of compensation mentioned in regulation 3

shall be adjusted on the 11 th day of June, 2017, then every five years

thereafter, and shall be increased automatically, by the percentage

change indicated by the European Index of Consumer Prices (EICP)

for a period of five years immediately preceding the review, and

rounded up to a multiple of ten thousand euro (€10,000).”.

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press

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