Insurance (Amendment) Act 2018
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PART 3 Amendment of Act of 1964 | ||
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Amendment of section 1 of Act of 1964 (definitions) | ||
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8. Section 1 of the Act of 1964 is amended by inserting the following definitions: | ||
“ ‘financial services legislation’ has the meaning assigned to it by section 3 (1) of the Central Bank (Supervision and Enforcement) Act 2013 ; | ||
‘Member State’ means a Member State of the European Union and, where relevant, includes a contracting party to the Agreement on the European Economic Area signed at Oporto on 2 May 1992 (as adjusted by the Protocol signed at Brussels on 17 March 1993), as amended; | ||
‘MIBI’ means the Motor Insurers’ Bureau of Ireland; | ||
‘MIIC Fund’ has the meaning given to it by section 3D(1); | ||
‘percentage rate’ shall be construed in accordance with section 3F(4); | ||
‘State Claims Agency’ means the National Treasury Management Agency when performing the functions conferred on it by this Act; | ||
‘vehicle insurer’ means an insurer, or an insurer authorised in another Member State, issuing policies covering risk in the State classified under class 10 in Part 1 of Schedule 1 to the European Union (Insurance and Reinsurance) Regulations 2015 ( S.I. No. 485 of 2015 );”. |