Vehicles) (Amendment) Regulations, 2016
Statutory Text (3 Articles)
L.N. 12 of 2016
MOTOR VEHICLES INSURANCE
(THIRD PARTY RISKS) ORDINANCE
(CAP. 104)
Motor Vehicles Insurance (Third Party Risks) (Insurance Exempt
Vehicles) (Amendment) Regulations, 2016
IN exercise of the powers conferred by articles 3, 5 and 23 of
the Motor Vehicles Insurance (Third Party Risks) Ordinance, the
Minister for Transport and Infrastructure has made the following
regulations:-
The title of these rules is the Motor Vehicles Insurance Citation.
(Third Party Risks) (Insurance Exempt Vehicles) (Amendment)
Regulations, 2016, and these regulations shall be read and construed
as one with the Motor Vehicles Insurance (Third Party Risks) S.L.104.08
(Insurance Exempt Vehicles) Regulations, hereinafter referred to as
"the principal regulations".
Regulation 4 of the principal regulations shall be Substitutes
regulation 4 of
substituted by the following
the principal
regulations.
"4. (1)
Pursuant to the proviso of
article 3(4)(b) of the Ordinance, compensation
for injuries or damages sustained by the use of
vehicles mentioned in the Schedule shall be
awarded by the Protection and Compensation
Fund established by article 9C of the Ordinance.
(2) In the event that the Protection and
Compensation Fund effects payment for injuries
or damages sustained by the use of vehicles
referred to in article 3(4) of the Ordinance, the
Fund shall be subrogated in the rights of the
person receiving such payment, and, without
prejudice to the generality of this provision,
shall have a claim against the Guarantee Fund
provided for in Article 1(4) of Directive 84/5/
EEC in the designated State where the vehicle is
normally based.
B
(3) In the event that an injured party files
a claim directly to the Protection and
Compensation Fund in relation to injuries or
damages sustained by the use of vehicles
referred to in the Schedule, payment shall only
be effected by the Protection and Compensation
Fund if the requirements set out in regulation 25
of the Protection and Compensation Fund
Regulations are satisfied.
(4) The Fund shall only be liable to make
payments under this regulation up to such limits
of liability as are prescribed under article 4(1) of
the Ordinance.".
€0.18