Motor Vehicles (Third-Party Risks and Compensation) Act
Motor Vehicles (Third-Party Risks and Compensation)
G.N. No. S 526/1998
REVISED EDITION 2000
(31st January 2000)
[21st October 1998]
1. This Notification may be cited as the Motor Vehicles (Third-Party Risks and Compensation) (Exemption) Notification.
2. In this Notification, “Malaysian vehicle” means a motor vehicle which is registered and licensed under the law relating to road traffic in force in Malaysia.
3. Section 4(1) of the Act shall not apply in respect of any Malaysian vehicle if there is in force in relation to the use of the vehicle in Singapore by the person so using the vehicle a policy of insurance which is issued by a person who, at the time the policy is issued —
is lawfully carrying on motor vehicle insurance business in Malaysia;
is a member of the Motor Insurers’ Bureau of West Malaysia; and
has entered into an agreement with the Motor Insurers’ Bureau of Singapore to pay compensation in accordance with the Act to any third party in respect of the death of or bodily injury to the third party as may be caused by or as may arise out of the use of the vehicle in Singapore.
[G.N. No.S 526/98]