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← Motor Vehicles (Third-Party Risks and Compensation) Act 1960

Motor Vehicles (Third-Party Risks and Compensation) Act 1960 s 17

s 17 Deposits under this Act

17. If any sum is deposited by any person under section 3 or as a condition of approval by the Minister under section 4, no part of that sum, so long as any liabilities, being such liabilities as are required to be covered by a policy of insurance under this Act which have been incurred by that person, have not been discharged or otherwise provided for, is applicable in discharge of any other liabilities incurred by that person.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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