OpenLegislation

Section 153 Bankruptcy, etc., of insured ... persons not to affect claims by third parties.F8C1

England, Wales and Scotland

(1)

Where, after F1a person has effected a policy of insurance F2... for the purposes of this Part of this Act, F3an event which results in that person being a relevant person for the purposes of the Third Parties (Rights against Insurers) Act 2010 happens, the happening of that event shall, notwithstanding anything in the F4that Act, not affect any such liability of that person as is required to be covered by a policy of insurance under section 145 of this Act.

F5(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

Nothing in subsection (1) above affects any rights conferred by the F6Third Parties (Rights against Insurers) Act 2010 on the person to whom the liability was incurred, being rights so conferred against the person by whom the policy was issued F7... .

Annotations

Textual amendments

F1

Words in s. 153(1) substituted (30.6.2015) by Deregulation Act 2015 (c. 20), s. 115(7), Sch. 3 para. 6; S.I. 2015/994, art. 9(a) (with Sch. Pt. 3A) (as amended by S.I. 2015/1405, art. 2)

F2

Words in s. 153(1) omitted (1.11.2019) by virtue of The Motor Vehicles (Compulsory Insurance) (Miscellaneous Amendments) Regulations 2019 (S.I. 2019/1047), reg. 1, Sch. 1 para. 16(3) (with reg. 5)

F3

Words in s. 153(1) substituted (1.8.2016) by Third Parties (Rights against Insurers) Act 2010 (c. 10), s. 21(2), Sch. 2 para. 2(a); S.I. 2016/550, art. 2

F4

Words in s. 153(1) substituted (1.8.2016) by Third Parties (Rights against Insurers) Act 2010 (c. 10), s. 21(2), Sch. 2 para. 2(b); S.I. 2016/550, art. 2

F5

S. 153(2) repealed (1.8.2016) by Third Parties (Rights against Insurers) Act 2010 (c. 10), s. 21(2), Sch. 2 para. 2(c), Sch. 4; S.I. 2016/550, art. 2

F6

Words in s. 153(3) substituted (1.8.2016) by Third Parties (Rights against Insurers) Act 2010 (c. 10), s. 21(2), Sch. 2 para. 2(d); S.I. 2016/550, art. 2

F7

Words in s. 153(3) omitted (1.11.2019) by virtue of The Motor Vehicles (Compulsory Insurance) (Miscellaneous Amendments) Regulations 2019 (S.I. 2019/1047), reg. 1, Sch. 1 para. 16(4) (with reg. 5)

F8

Words in s. 153 heading omitted (1.11.2019) by virtue of The Motor Vehicles (Compulsory Insurance) (Miscellaneous Amendments) Regulations 2019 (S.I. 2019/1047), reg. 1, Sch. 1 para. 16(2) (with reg. 5)

Modifications

C1

S. 153 excluded (23.6.1999) by S.I. 1999/1736, art. 8(1)(b)(2)(b)

Notes on Part VI

Modifications

C1

Pt. VI: power to modify conferred (E.W.) by National Health Service Act 1977 (c. 49, SIF 113:2), ss. 23(4), 27(5) (as amended by Road Traffic (Consequential Provisions) Act 1988 (c. 54, SIF 107:1), s. 4, Sch. 3 para. 18(1)(2))

C2

Pt. VI modified (16.8.2006) by The Dover Harbour Revision Order 2006 (S.I. 2006/2167), art. 27

Notes on Compulsory insurance ...

Textual amendments

F1

Words in s. 143 cross-heading omitted (1.11.2019) by virtue of The Motor Vehicles (Compulsory Insurance) (Miscellaneous Amendments) Regulations 2019 (S.I. 2019/1047), reg. 1, Sch. 1 para. 5 (with reg. 5)