Insurance Of Civil Liability To Be Obligatory For Transport Facility

INSURANCE OF CIVIL LIABILITY TO BE OBLIGATORY FOR TRANSPORT FACILITY OWNERS
Hasmik Dilanyan

"Radiolur"
05.02.2010 16:12

Hearings on the draft law on obligatory insurance of civil liability
of transport facility owners will take place in the National Assembly
of Armenia on February 12.

"The draft law is of extreme social importance and aims at
protecting the rights of citizens, who suffer as a result of traffic
accidents," Chairman of the National Assembly’s Standing Committee
on Financial-Credit and Budgetary Affairs Gagik Minasyan told a press
conference today.

According to the draft law, there will be a Bureau of Insurance
Companies set up in Armenia, which will include representatives
of insurance companies, Traffic Police and public organizations,
defending the rights of transport means owners and pedestrians.

Gagik Minasyan stated that the draft law provides for depriving owners
of transport means, who refuse to pay the obligatory insurance sums,
of driving licence in the territory of Armenia.

Gagik Minasyan urged the interested parties to send their suggestions
to the Standing Committee on Financial-Credit and Budgetary Affairs.