Motor Vehicles (Third Party Insurance) Act

MOTOR VEHICLES (THIRD PARTY INSURANCE) ACT

ARRANGEMENT OF SECTIONS

SECTION

1. Short title.

2. Interpretation.

3. Users of motor vehicles to be insured against third party risks.

4. Limitation of time for proceedings.

5. Exemptions.

6. Requirements in respect of policies, and certificate of insurance.

7. Requirements in respect of securities.

8. Certain conditions to policies or securities to be of no effect.

9. Avoidance of restrictions on the scope of policies covering third party risks.

10. Duty of insurers to satisfy judgments against person insured in respect of third party risks, and interpretation.

11. Rights of third parties against insurers.

12. Duty to give information to third parties.

13. Certain settlements between insurer and insured to be of no effect.

14. Bankruptcy of insured persons not to affect certain claims.

15. Further rights of third parties against insurers.

16. Duty to surrender certificate on cancellation of policy.

17. Certificates to be produced, and interpretation.

18. Duty of owner.

19. Deposits.

20. False statements; forging, etc., certificates, and power of police to seize documents.

21. Application of Act to securities.

22. General penalty.

23. Power to make regulations.

MOTOR VEHICLES (THIRD PARTY INSURANCE) ACT

An Act to make provision against third party risks arising out of the use of motor vehicles.

[53 of 1945.]

[Commencement.]

[I st April, 1950]

1. Short title

This Act may be cited as the Motor Vehicles (Third Party Insurance) Act.

2. Interpretation

“bankruptcy” with its grammatical variations and cognate expressions includes in- solvency under the law of Nigeria or of any part of the Commonwealth and includes a wage earner’s administration order;

“company” includes any company registered or required to be registered under the provisions of the Companies and Allied Matters Act, any company or body corporate formed in pursuance of any written law or Letters Patent, any corporation incorporated by law and any firm or partnership;

“driving licence” means a licence to drive a motor vehicle granted under the provi- sions of the Road Traffic Laws;