S.I. No. 658/2023 - European Union (Motor Insurance) (Exclusion of Certain Contributions to the Insurance Compensation Fund and the Motor Insurers Insolvency Compensation Fund) Regulations 2023 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.
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- s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile Statutory InstrumentsIonstraimí Reachtúla 2023 S.I. No. 658/2023 - European Union (Motor Insurance) (Exclusion of Certain Contributions to the Insurance Compensation Fund and the Motor Insurers Insolvency Compensation Fund) Regulations 2023 S.I. No. 658/2023 - European Union (Motor Insurance) (Exclusion of Certain Contributions to the Insurance Compensation Fund and the Motor Insurers Insolvency Compensation Fund) Regulations 2023 AmendmentsLeasuithe Download PDF Íoslódáil PDF Notice of the making of this Statutory Instrument was published in “Iris Oifigiúil” of 22nd December, 2023. I, MICHAEL MCGRATH, Minister for Finance, in exercise of the powers conferred on me by section 3 of the European Communities Act 1972 (No. 27 of 1972) and for the purpose of giving effect to Directive 2009/103/EC of the European Parliament and of the Council of 16 September 20091 , as amended by Directive (EU) 2021/2118 of the European Parliament and of the Council of 24 November 20212 , hereby make the following regulations: 1. These Regulations may be cited as the European Union (Motor Insurance) (Exclusion of Certain Contributions to the Insurance Compensation Fund and the Motor Insurers Insolvency Compensation Fund) Regulations 2023. 2. These Regulations shall come into operation on 23 December 2023. 3. The Insurance Act 1964 (No. 18 of 1964) is amended - (
- a)in section 3F - (
- i)in subsection
(5), by the substitution of “Subject to subsection
(7), in this section” for “In this section”, and (ii) by the insertion of the following subsection after subsection
(6): “
(7)With effect from 23 December 2023, the reference to gross premiums in the definition in subsection
(5)of ‘assessable amount’ shall not include the gross premiums paid to a vehicle insurer authorised in another Member State in respect of cover provided by it for 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 ).”, and (b) in section 6, by the insertion of the following subsection after subsection
(14): “
(15)With effect from 23 December 2023, the references to gross premiums in this section shall not include the gross premiums paid to a vehicle insurer authorised in another Member State in respect of cover provided by it for risk 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 ).”. GIVEN under my Official Seal, 20 December, 2023. MICHAEL MCGRATH, Minister for Finance. 1 OJ No, L263, 7.10.2009, p.11 2 OJ No. L430, 2.12.2021, p.1 Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais