Article 8 Public liability insurance
In this article–
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“insurer” means any insurer or insurers authorised under the Insurance Companies Act 1982f1 to carry on in the United Kingdom insurance business of a relevant class or who has corresponding permission under the law of another member state of the European Economic Community;
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“policy” means a public liability policy with an insurer providing maximum cover in respect of any one accident on or occasioned by the operation of the Borough Council’s Railway of not less than £1,000,000.
The Borough Council shall not work the Borough Council’s Railway unless there is in force a policy in accordance with the provisions of this article.
In default of compliance with the provisions of this article the Borough Council shall be liable on summary conviction to a fine not exceeding the statutory maximum and on conviction on indictment to a fine.
The adequacy of the cover provided by a policy maintained in accordance with this article shall be regularly reviewed by the Borough Council.
Article 9 of the 1978 Order is hereby revoked and paragraphs (1) to (3) of this article shall apply from henceforth to the Council’s Railway as defined in that Order as well as to the Borough Council’s Railway as defined in this Order.
Annotations
Footnotes
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