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The Motor Vehicles (Compulsory Insurance) Regulations 2016
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- UK Statutory Instruments
- 2016 No. 1193
- Regulation 2
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Amendment of the Road Traffic Act 1988
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2.—(1) The Road Traffic Act 1988(1) is amended as follows.
(2) In section 145(4)(b)(2) (requirements in respect of policies of insurance) for “£1,000,000” substitute “£1,200,000”.
(3) In section 151(6)(3) (duty of insurers or persons giving security to satisfy judgment against persons insured or secured against third-party risks) for “£1,000,000”, in each place where it occurs, substitute “£1,200,000”.
(1)
(2)
Section 145(4)(b) was amended by S.I. 2007/1426.
(3)
Section 151(6) was amended by S.I. 2007/1426.
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