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Motor Vehicle Insurance Act 1988

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The brand new day brings innovations and technologies new to the fore.

Because the inception of its in 1988, it’s been amended 4 times – in 1994, 2000, 2001 as well as 2015 to adjust to the changing technological developments in transportation as well as motor vehicle control. The newest amendment in 2016 lays focus on street safety, compensation, as well as magnified penalty for offenders, amongst others.

 

 Higher Penalty for offenders:

 

Motor vehicle Accident Fund:

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A specific fund is usually to be introduced that gives immediate guidance to the victims of street crashes or even people of struck and run instances.

Juvenile Offences:

 

The selection of deaths resulting from street accidents is actually much more than the quantity resulting from healthy calamities & diseases. This’s an astonishing statistic, and consequently, the launch of even more stringent steps might assist in reducing this particular number and enhancing security of pedestrians and motorists.

 

Discover a variety of innovations under a single top at the Expo in Hyderabad.

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