Write main features Of motor vehicle amendment act Bill 2016?
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Answer:
The Bill amends the Motor Vehicles Act, 1988 to address issues such as third party insurance, regulation of taxi aggregators, and road safety. Under the Act, the liability of the third party insurer for motor vehicle accidents is unlimited.
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The Bill amends the Motor Vehicles Act, 1988 in 2016 to talk about issues such as insurance of third party, adjusting taxi aggregators, and road safety.
Explanation:
Main Features of Motor Vehicle (Amendment) Act Bill, 2016:
- Under the Act, the liability of the third party insurer for motor vehicle accidents is limitless. The Bill highlights the maximum liability for third party insurer in case of a motor accident is Rs.10 lakh in case of death and Rs.5 lakh rupees in case of serious injury.
- The Bill also issues for a Motor Vehicle Accident Fund which would give compulsory insurance cover to all road users for certain types of accidents in India.
- The Bill states that taxi aggregators, guidelines for which will be decided by the central government.
- The Bill also provides for: (i) modifying the current categories of driver licensing, (ii) safeguarding good samaritans from any civil action, and (iii) increase of fine for several offences under the 1988 Act.
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