Motor Accident Insurance Regulation 2018
sch.4-sec.1Parties
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sch.4-sec.1 Parties
The parties to this deed are— the commission; and the Nominal Defendant; and all licensed insurers; and transport administration. A licensed insurer is a party to this deed while the licence remains in force and, after ceasing to be a licensed insurer, remains subject to the obligations of a licensed insurer under this deed until the commission is satisfied that the licensed insurer has discharged all outstanding liabilities under the statutory insurance scheme and releases the insurer from this deed. (sch.4-sec.1-ssec.1) The parties to this deed are— the commission; and the Nominal Defendant; and all licensed insurers; and transport administration. (sch.4-sec.1-ssec.2) A licensed insurer is a party to this deed while the licence remains in force and, after ceasing to be a licensed insurer, remains subject to the obligations of a licensed insurer under this deed until the commission is satisfied that the licensed insurer has discharged all outstanding liabilities under the statutory insurance scheme and releases the insurer from this deed.
- (a) the commission; and
- (b) the Nominal Defendant; and
- (c) all licensed insurers; and
- (d) transport administration.