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Motor Insurance Insolvency Compensation Act 2024 (No. 32)Introductory TextActs Referred toPart 1 Preliminary and General (ss. 1-4)1. Short title, collective citations, construction and commencement2. Interpretation3. Regulations, etc.4. ExpensesPart 2 Compensation Body (ss. 5-14)5. Authorisation of body as State's compensation body for purposes of Act and Articles 10a and 25a of Directive6. Funding and costs and expenses of Compensation Body7. Reporting requirements of Compensation Body8. Publication of winding-up of insurer (domestic)9. Presentation and processing of motor claims by Compensation Body10. Reimbursement procedures of Compensation Body11. Subrogation12. Engagement and co-operation with other interested parties13. Co-operation between stakeholders14. Special provisions applicable to insurer (domestic) subject of voluntary winding-up proceedingsPart 3 Directive, Fund and MIIC Fund (ss. 15-18)15. Integration of insurer (domestic) carrying on motor third party liability insurance in another Member State into Fund for purposes of Directive16. Audit of certain completed claims17. Audit of certain uncompleted claims18. Agency to submit report to Minister on audits carried out under section 16 or 17, etc.Part 4 Personal Data (ss. 19-22)19. Definitions (Part 4)20. Disclosure and processing of personal data21. Provisions supplementary to section 2022. Regulations - personal dataPart 5 Miscellaneous and Consequential (ss. 23-35)23. Power to specify form of documents24. Amendment of section 1 of Act of 196425. Amendment of section 2 of Act of 196426. Contributions to Fund by insurers (domestic) carrying on motor third party liability insurance in other Member States27. Section 3 and Act of 202428. Amendment of section 3E of Act of 196429. Circumstances in which Compensation Body or compensation body (other) to be creditor of relevant insurer30. Amendment of section 5 of Act of 196431. Amendment of section 6 of Act of 196432. Amendment of section 8B of National Treasury Management Agency (Amendment) Act 200033. Amendment of section 28 of Value-Added Tax Consolidation Act 201034. Amendment of Regulations of 201535. Provision supplementary to section 34
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Version status: In force | Document consolidation status: No known changes
Published date: 8 October 2024

Motor Insurance Insolvency Compensation Act 2024 (No. 32)

Introductory Text
Acts Referred to
Part 1 Preliminary and General (ss. 1-4)
1. Short title, collective citations, construction and commencement
2. Interpretation
3. Regulations, etc.
4. Expenses
Part 2 Compensation Body (ss. 5-14)
5. Authorisation of body as State's compensation body for purposes of Act and Articles 10a and 25a of Directive
6. Funding and costs and expenses of Compensation Body
7. Reporting requirements of Compensation Body
8. Publication of winding-up of insurer (domestic)
9. Presentation and processing of motor claims by Compensation Body
10. Reimbursement procedures of Compensation Body
11. Subrogation
12. Engagement and co-operation with other interested parties
13. Co-operation between stakeholders
14. Special provisions applicable to insurer (domestic) subject of voluntary winding-up proceedings
Part 3 Directive, Fund and MIIC Fund (ss. 15-18)
15. Integration of insurer (domestic) carrying on motor third party liability insurance in another Member State into Fund for purposes of Directive
16. Audit of certain completed claims
17. Audit of certain uncompleted claims
18. Agency to submit report to Minister on audits carried out under section 16 or 17, etc.
Part 4 Personal Data (ss. 19-22)
19. Definitions (Part 4)
20. Disclosure and processing of personal data
21. Provisions supplementary to section 20
22. Regulations - personal data
Part 5 Miscellaneous and Consequential (ss. 23-35)
23. Power to specify form of documents
24. Amendment of section 1 of Act of 1964
25. Amendment of section 2 of Act of 1964
26. Contributions to Fund by insurers (domestic) carrying on motor third party liability insurance in other Member States
27. Section 3 and Act of 2024
28. Amendment of section 3E of Act of 1964
29. Circumstances in which Compensation Body or compensation body (other) to be creditor of relevant insurer
30. Amendment of section 5 of Act of 1964
31. Amendment of section 6 of Act of 1964
32. Amendment of section 8B of National Treasury Management Agency (Amendment) Act 2000
33. Amendment of section 28 of Value-Added Tax Consolidation Act 2010
34. Amendment of Regulations of 2015
35. Provision supplementary to section 34
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