Motor Insurance Insolvency Compensation Act 2024
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PART 3 Directive, Fund and MIIC Fund | ||
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Integration of insurer (domestic) carrying on motor third party liability insurance in another Member State into Fund for purposes of Directive | ||
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15. Where— | ||
(a) a reimbursement claim is presented under section 10 to the Compensation Body for compensation referred to in section 6 (2), and | ||
(b) sufficient contributions referred to in section 2A(1) of the Act of 1964 have yet to be paid into the Fund, | ||
the Minister may, on the recommendation of the Bank and having regard to the time limits referred to in section 10 (4) within which the Compensation Body must operate in performing its functions in relation to the relevant purposes, advance to the Fund such sums as will enable the Fund to pay such compensation. |