Limits of Liability (Amendment) Regulations, 2019
Statutory Text (3 Articles)
L.N. 3 of 2019
MOTOR VEHICLES INSURANCE
(THIRD PARTY RISKS) ORDINANCE
(CAP. 104)
Limits of Liability (Amendment) Regulations, 2019
IN EXERCISE of the powers conferred by articles 4 and 23 of
the Motor Vehicles Insurance (Third-Party Risks) Ordinance, the
Minister for Transport, Infrastructure and Capital Projects, with the
concurrence of the Minister of Finance, has made the following
regulations:-
The title of these regulations is the Limits of Liability
(Amendment) Regulations, 2019 and they shall be read and construed
as one with the Limits of Liability Regulations, hereinafter referred to
as "the principal regulations".
Regulation 3 of the principal regulations shall be amended
as follows
(a) in paragraph (a) thereof, the words "five million euro
(€5,000,000)" shall be substituted by the words "six million and
seventy thousand euro (€6,070,000)";
(b) in paragraph (b) thereof, the words "one million euro
(€1,000,000)" shall be substituted by the words "one million two
hundred and twenty thousand euro (€1,220,000)".
€0.09