# The Motor Vehicles (Compulsory Insurance) Regulations 2016, Regulation 2: Amendment of the Road Traffic Act 1988


(1) The Road Traffic Act 1988 is amended as follows.
(2) In section 145(4)(b) (requirements in respect of policies of insurance) for “£1,000,000” substitute “£1,200,000”.
(3) In section 151(6) (duty of insurers or persons giving security to satisfy judgment against persons insured or secured against third-party risks) for “£1,000,000”, in each place where it occurs, substitute “£1,200,000”.

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Source: https://www.legislation.gov.uk/uksi/2016/1193/regulation/2 (the official version)
Page: https://openlegislation.uk/motor-vehicles-compulsory-insurance-regulations-2016/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.