S.L. 403.25 Art. 1Citation and scope.

(1) The title of these regulations is the Insurance

Business (Protection and Compensation Fund) Regulations.

(2) The scope of these regulations is to partially transpose the relevant provisions of Directive 2009/103/EC of the European Parliament and of the Council of 16 September 2009 relating to insurance against civil liability in respect of the use of motor vehicles and the enforcement of the obligation to insure against such liability, as amended by Directive (EU) 2021/2118 of the European Parliament and of the Council of 24 November 2021 amending Directive 2009/ 103/EC relating to insurance against civil liability in respect of the use of motor vehicles, and the enforcement of the obligation to insure against such liability, as may be amended from time to time, and includes any binding legal instruments, guidelines and any other measures that have been or may be issued thereunder.