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Road Traffic Act 1988
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Changes over time for: Section 155
Version Superseded: 01/10/2009
Alternative versions:
- 01/02/1991- Amendment
- 05/01/1998- Amendment
- 05/01/1998
Point in time - 01/10/2009- Amendment
- 01/11/2019- Amendment
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Point in time view as at 05/01/1998. This version of this provision has been superseded.
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Road Traffic Act 1988, Section 155 is up to date with all changes known to be in force on or before 15 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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155 Deposits.E+W+S
(1)Where a person has deposited a sum with the Accountant General of the Supreme Court under section 144 or 146 of this Act, then, so long as any liabilities incurred by him, being such liabilities as are required to be covered by a policy of insurance under section 145 of this Act, have not been discharged or otherwise provided for, no part of that sum shall be applicable in discharge of any other liabilities incurred by him.
(2)Any regulations made, or having effect as if made, by [F1the Treasury] under section 20 of the M1Insurance Companies Act 1958 which apply to deposits made by insurers carrying on motor vehicle insurance business shall, with such necessary modifications and adaptations as, after consultation with the Lord Chancellor, may be prescribed, apply to deposits made with the Accountant General under section 144 or 146 of this Act.
(3)Such provision as might be made by [F1the Treasury] under section 20 of the Insurance Companies Act 1958 with respect to deposits under that Act may, after consultation with the Lord Chancellor, be made by regulations with respect to deposits made with the Accountant General under section 144 or 146 of this Act.
Textual Amendments
F1Words in s. 155(2)(3) substituted (5.1.1998) by S.I. 1997/2781, art. 8(1), Sch. Pt. II para. 115
Modifications etc. (not altering text)
C1S. 155 excluded (23.6.1999) by S.I. 1999/1736, art. 8(1)(b)(2)(b)
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