SALIENT FEATURES OF LATEST AMENDMENT (2019)IN MOTOR VEHICLES ACT 1988

SALIENT FEATURES OF LATEST AMENDMENT (2019)IN MOTOR VEHICLES ACT 1988

1.     Section 140 of motor vehicles act has been omitted.

2.     The word ‘the liability incurred’ in sec 147(2)(a) has been substituted by “the central government will prescribe base premium and maximum liability of an insurer in consultation with IRDA”

3.     New section 149 provides for settlement by the insurers in consultation with MACT.

4.     In old section 149(2) an additional defence of drunken driving by the driver of IV has been added. Similarly non receipt of premium has been added.

5.     Mainly pay and recover order has been deleted.

6.     New section 164(no fault liability) has been added in place of 163 A, which provides Rs.5 lakhs for death and Rs.2.5 lakhs in case of grievous hurt (as defined in sec 320 of IPC)

7.     164©(2)(k) provides that the central government shall make  decide minimum premium and maximum premium and maximum liability U/S 147 (2) as far as fault liability is concerned. Old act 166 has been amended. It mainly provides that,1. If a person accepts compensation under section 164 then his claim u/s 166 would lapse. 2. Time limit of 6 months to file a claim has been reintroduced.