Regulatory Alerts2009-01-12
Ordinance No IZ-41 of 12.01.2009 on the Documents and Procedures for Their Compilation in Road Traffic Accidents and the Information Exchange Procedure between the Ministry of Internal Affairs, the Commission for Financial Supervision, and the Guarantee Fund
Issued by the Minister of Internal Affairs and the Chairman of the Commission for Financial Supervision, this Ordinance establishes the mandatory documents and procedures for compiling records of road traffic accidents in Bulgaria. It mandates the daily electronic exchange of accident data, including photos and vehicle details, between the Road Police and the Guarantee Fund to support the national accident registry. The regulation also defines the specific conditions for using bilateral confirmation protocols and outlines the transitional measures for insurance providers regarding form updates.
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