Page 48 - Motor Insurance Ebook IC 72
P. 48

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              is the subject of a hire-purchase, agreement, or an
              agreement of lease or an agreement of
              hypothecation, the person in possession of the vehicle
              under that agreement". This section correspond s
              to section 2 (19) of the Motor Vehicles Act, 1939.

p. PERMIT : "Permit" as defined under section 2(31)
    of the Motor Vehicles Act, 1988, "means a permit
    issued by a State or Regional Transport Authority
    or an authority prescribed in this behalf under this
    Act authorizing the use of motor vehicle as a
    transport vehicle". This section corresponds to
    section 2 (20) of the Motor Vehicles Act, 1939.

q. PRIVATE SERVICE VEHICLE : "Private
    service vehicle" defined under section 2 (33) of the
    Motor Vehicles Act, 1988, "means a motor vehicle
    constructed or adapted to carry more than six
    persons excluding the driver and ordinarily used by
    or on behalf of the owner of such vehicle for the
    purpose of carrying persons for, or in connection
    with, his trade or business otherwise than for hire
    or reward but does not include a motor vehicle used
    for public purposes:. This section corresponds to
    section 2 (22) of the Motor Vehicles Act, 1939.

r. PUBLIC PLACE : "Public place" defined under

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