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S.L. 403.25 · Insurance Business (Protection And (S.L. 403.25)

S.L. 403.25 Art. 39Contribution to Fund D.

PART V

En vigueurTexte officiel

An insurer carrying on a motor vehicle insurance liability business in Malta shall pay a contribution to Fund D, of such amount and at such time, as the Management Committee may determine, taking into account the sums required, or expected to be required, for the purpose of the said Fund. The contribution shall be utilised exclusively for the payment of compensation relating to protected liabilities to make payment of compensation to victims of road traffic accidents in circumstances prescribed by these regulations.