Singapore legislation

Clause 2

of Motor Vehicles (Third-Party Risks and Compensation) (Amendment) Bill

Clause 2

Amendment of section 4

Section 4 of the Motor Vehicles (Third-Party Risks and Compensation) Act is amended by deleting subsection (1) and substituting the following subsections: —“(1) In order to comply with the requirements of this Act, a policy of insurance must, subject to the provisions of subsection (1A) of this section, be a policy which —

(a)

is issued by an insurer who at the time the policy is issued is lawfully carrying on motor insurance business in Singapore; and

(b)

insures such person, persons or classes of persons as may be specified in the policy in respect of any liability which may be incurred by him or them in respect of the death of or bodily injury to any person caused by or arising out of the use of the motor vehicle.(1A) The policy shall not, by virtue of paragraph (b) of subsection (1) of this section, be required to cover —

(a)

liability in respect of the death, arising out of and in the course of his employment, of a person in the employment of a person insured by the policy or of bodily injury sustained by such a person arising out of and in the course of his employment; or

(b)

any contractual liability.”.