Regulatory Alerts2026-05-29
Motor Vehicle Liability Insurance Act 1994
The Austrian legislature enacted this Act to regulate compulsory motor vehicle liability insurance, defining the scope of coverage, permissible exclusions, and mandatory minimum sums insured. It establishes strict obligations for policyholders regarding vehicle usage and accident notification, while granting injured third parties direct rights of action against insurers. The legislation also mandates the maintenance of an insurance register and sets specific rules for cross-border coverage within the European Economic Area.
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