SCHEDULE 1Amendments of primary legislation to remove securities and deposits as alternatives to motor insurance

PART 1Amendments of the Road Traffic Act 1988

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1

Section 150 (insurance or security in respect of private use of vehicle to cover use under car-sharing arrangements) is amended as follows.

2

In the heading, omit “or security”.

3

In subsection (1)—

a

in the words before paragraph (a), for “or security issued or given” substitute “issued”;

b

in paragraphs (a) and (b), omit “or the operation of the security (as the case may be)”; and

c

in the words after paragraph (b), omit “or security”.