LIMITS OF LIABILITY REGULATIONS

LIMITS OF LIABILITY

SUBSIDIARY LEGISLATION 104.05

LIMITS OF LIABILITY REGULATIONS

1st May, 2004

LEGAL NOTICE 101 of 2004, as amended by Legal Notices 409 of 2007

190 of 2008 and 3 of 2019.

The title of these regulations is the Limits of Liability

Regulations.

In these regulations, unless the context otherwise requires -

"the Ordinance"means the Motor Vehicles Insurance (Third-

Party Risks) Ordinance.

For the purposes of article 4(1) of the Ordinance the total

liability which shall be required to be covered by a policy of

insurance in respect of the use of a motor vehicle, which is

normally based in Malta or in the territory of a designared State,

shall be

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

less than six million and seventy thousand euro

(€6,070,000) for every claim, whatever the number of

injured parties;

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

than one million two hundred and twenty thousand euro

(€1,220,000) for every claim, whatever the number of

injured parties.

The amounts of compensation mentioned in regulation 3(a)

and (b) shall come into force as follows

(a) as from the 5th August, 2008 until the 10th day of

December, 2009, the amounts of compensation

mentioned in regulation 3(a) 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 regulation 3(b)

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 11th day of December, 2009 the amounts

of compensation, in the case of claims relating to death

or bodily injury, mentioned in paragraph (a) 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

LIMITS OF LIABILITY

that of five hundred thousand euro (€500,000) for

every claim, whatever the number of injured parties;

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

compensation applicable shall be those amounts

prescribed in regulation 3(a) and (b).

The amounts of compensation mentioned in regulation 3

shall be adjusted on the 11th 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

rev ie w, and ro un de d up t o a m ul ti pl e of ten t h ou sand euro

(€10,000).