Page 52 - Motor Insurance Ebook IC 72

The Insurance Times

This Section is amended by Act 54 of 1994 to cast an
additional duty that the owner of the vehicle carrying
dangerous or hazardous goods shall also go in for a policy
of insurance under the Public Liability Insurance Act,
1991.

Exemptions:
The provisions relating to compulsory third party
insurance do not apply to any vehicle owned by the
Central Government or a State Government and used
for Government of a State Government and used for
Government purposes unconnected with any commercial
enterprise.

Exemption may also be granted by the appropriate
Government for any vehicle owned by:
a. The Central Government or a State Government if

the vehicle issued for Government purpose
connected with any commercial enterprise.
b. Any local authority
c. Any State Transport undertaking for example, where
such undertaking is carried on by a State
Government or any Road Transport Corporate
established under the Road Transport Corporation
Act, 1950

However, the above exemption is made only if a fund is

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