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Deregulation Act 2015

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9Motor insurers

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(1)In Part 6 of the Road Traffic Act 1988 (compulsory insurance or security against third-party risks), section 147 (issue and surrender of certificates of insurance and of security) is amended as follows.

(2)In subsection (1), for “A policy of insurance shall be of no effect for the purposes of this Part of this Act unless and until there is delivered by the insurer” substitute “An insurer issuing a policy of insurance for the purposes of this Part of this Act must deliver”.

(3)In subsection (2), for “A security shall be of no effect for the purposes of this Part of this Act unless and until there is delivered by the person giving the security” substitute “A person giving a security for the purposes of this Part of this Act must deliver”.

(4)Omit subsections (4) to (5) (obligation to surrender certificate following cancellation of policy of insurance or security).

(5)Schedule 3 makes amendments in consequence of this section.

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