Regulation 2 Amendment of the Road Traffic Act 1988

The Road Traffic Act 1988^f1 is amended as follows.

In section 145(4)(b)^f2 (requirements in respect of policies of insurance) for “£1,000,000” substitute “£1,200,000”.

In section 151(6)^f3 (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”.