# The Peak Rail Light Railway Order 1990, Article 8: Public liability insurance


(1) In this article—
“insurer” means any insurer or insurers authorised under the Insurance Companies Act 1982 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;
“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 Company’s railway of not less that £1 million.
(2) (a) The Company shall not work the Company’s railway unless there is in force a policy in accordance with the provisions of this article.
(b) In default of compliance with the provisions of this article the Company shall be liable on summary conviction to a fine not exceeding level 5 on the standard scale or on conviction on indictment to a fine.
(3) The adequacy of the cover provided by a policy maintained in accordance with this article shall be regularly reviewed by the Company.

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Source: https://www.legislation.gov.uk/uksi/1990/2350/article/8 (the official version)
Page: https://openlegislation.uk/peak-rail-light-railway-order-1990/article-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.