Road Traffic Act 1961

F138 [ Exempted person.

60

60. (1) In this Part of this Act exempted person means, subject to subsection (3) of section 78 of this Act

( a ) a board or other body established by or under an Act of the Oireachtas or an Act of the Oireachtas of Saorst á t É ireann,

( b ) a company (hereinafter referred to as a State-sponsored company) within the meaning of subsection (1) of Section 2 of the Companies Act, 1963 , in which the majority of the shares are held by or on behalf of a Minister of State, or

( c ) a company within the meaning of subsection (1) of section 2 of the Companies Act, 1963, in which the majority of the ordinary shares are held by a State-sponsored company or a board or other body mentioned in paragraph ( a ) of this subsection,

in respect of which the Minister has issued a certificate that such board, other body or company is for the time being an exempted person for the purposes of this Act.

(2) The Minister shall not issue a certificate under this section unless he is of the opinion (having, in a case where a deposit under section 61 of this Act has been made and maintained, taken such deposit into account) that the board, other body or company is, and will be, capable of meeting any liability arising out of the negligent use of a mechanically propelled vehicle in respect of which, if such board, other body or company were not an exempted person or a vehicle insurer, an approved policy of insurance would be required to be in force at the material time. ]

Annotations

Amendments:

F138

Substituted (26.10.1970) by Road Traffic Act 1968 (25/1968), s. 54, S.I. No. 244 of 1970.

Editorial Notes:

E614

Previous affecting provision: power pursuant to section and s. 5 exercised (29.07.1991) by Road Traffic General Bye-Laws (Amendment) Regulations 1991 (S.I. No. 204 of 1991); revoked (1.10.1998) by Road Traffic (Traffic and Parking) Regulations 1997 (S.I. No. 182 of 1997), reg. 3 and sch. 1, pt. 1.

E615

Previous affecting provision: power pursuant to section and s. 5 exercised (28.11.1975) by Road Traffic General Bye-Laws (Amendment) Regulations 1975 (S.I. No. 281 of 1975); revoked (1.10.1998) by Road Traffic (Traffic and Parking) Regulations 1997 (S.I. No. 182 of 1997), reg. 3 and sch. 1, pt. 1.