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Transport (London) Act 1969
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9Provisions as to insurance by Executive
(1)Section 130 of the [1948 c. 26.] Local Government Act 1948 (which relates to insurance by local authorities against accidents to members) shall apply to the Executive as it applies to a local authority.
(2)In subsection (2) of section 202 of the Act of 1960 (which specifies certain vehicles to which the requirements of section 201 of that Act as to users of motor vehicles being insured or secured against third-party risks are not to apply) at the end there shall be added the following paragraph:—
“(e)to a vehicle owned by the London Transport Executive or by a body which is within the meaning of the [1968 c. 73.] Transport (London) Act 1969 (but disregarding section 51(5) of the Transport Act 1968) a wholly-owned subsidiary of that Executive, at a time when the vehicle is being driven under the owner's control.”
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