Regulatory Alerts2026-05-18
Added · Updated
Road Accident Victims Compensation Act (VOEG)
The Austrian Federal Ministry enacted this act to transpose EU directives and establish the Austrian Insurance Association as the compensation body for road accident victims. The legislation mandates the Association to provide benefits for personal injury and property damage when the liable party is uninsured, unidentified, insolvent, or the vehicle is exempt from compulsory insurance. It further defines specific compensation scenarios for cross-border accidents, seatbelt compliance, and the obligations of injured parties to report incidents and mitigate damages.
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