Singapore legislation

Regulation 6

of Electric Vehicles Charging (PSA Corporation Limited — Battery Charge and Swap Station Trial) Rules 2024

Regulation 6

Liability insurance

Subregulation 1

The specified person must —

(a)

before the approved trial starts, have in place liability insurance insuring against any third‑party liability in respect of death, bodily injury or damage to property that a person may sustain or incur arising from the approved trial; and

(b)

ensure that the liability insurance mentioned in sub‑paragraph (a) is in force at all times during the approved trial.

Subregulation 2

The specified person must ensure that the liability insurance is issued by an insurer who, at the time the liability insurance is issued, is lawfully carrying on an insurance business in Singapore.

Subregulation 3

The LTA may impose conditions of authorisation in respect of the approved trial requiring the specified person to maintain the liability insurance mentioned in paragraph (1)(a) —

(a)

for a minimum amount of $2 million per claim; and

(b)

under one or more approved policies, each of which —

(i)

must not contain any limit on the number of claims that may be made in each calendar year;

(ii)

must state that the specified person is the party solely liable to pay the premiums in respect of the liability insurance; and

(iii)

must contain a term that the contract of the liability insurance policies may not be amended without the written consent of the LTA.

Read in full context — Electric Vehicles Charging (PSA Corporation Limited — Battery Charge and Swap Station Trial) Rules 2024 →