MV Act154
MV Act Section 154: Saving in respect of sections 151, 152 and 153
Verbatim · MV Act154. Saving in respect of sections 151, 152 and 153.—(1) For the purposes of sections 151, 152 and 153, a reference to “liabilities to third parties” in relation to a person insured under any policy of insurance shall not include a reference to any liability of that person in the capacity of insurer under some other policy of insurance.(2) The provisions of sections 151, 152 and 153 shall not apply where a company is wound-up voluntarily merely for the purposes of reconstruction or of an amalgamation with another company.
Cite as: Section 154, Motor Vehicles Act, 1988 (Act No. 59 of 1988)