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Detailed explanation-1: -The Motor Vehicles Act, 1988 | Ministry of Road Transport & Highways, Government of India.
Detailed explanation-2: -On February 15, 2022, the Ministry of Road Transport and Highways issued the latest amendments to the Central Motor Vehicles Act Rules, 1989. These amendments aim to enhance safety measures for road transport. They are effective from 1st April 2022.
Detailed explanation-3: -VEHICLES (FIFTH AMENDMENT) ACT, 2022 2022. Sections 51 to 57 of the Motor Vehicles (Amendment) Act, 2019 have wholly replaced Chapter XI of the Motor Vehicles Act, 1988 which dealt with insurance of motor vehicles against third party risks.
Detailed explanation-4: -The act aims to improve the road safety in the country, it has increased fines on many traffic violations to check the road accidents and educate the drivers on the importance of MOTOR INSURANCE. It is mandatory as per the Motor Vehicle Act 1988 for every motorist to have THIRD PARTY motor insurance at all times.
Detailed explanation-5: -New provisions of the Motor Vehicles Act relating to third party insurance and filing of claims before Motor Accident Claims Tribunal will come into force from tomorrow, April 1, 2022.