Page 881 - The Central Motor Vehicles Rules, 1989

THE CENTRAL MOTOR

VEHICLES (MOTOR VEHICLE

ACCIDENT FUND) RULES, 2022

[GSR 162(E), dt. 25-2-2022, w.e.f. 1-4-2022]

In exercise of the powers conferred by clauses (v), (w), (x), and (y) of sub-
section (2) of section 164C, read with section 164B of the Motor Vehicles Act, 1988
(59 of 1988), the Central Government hereby makes the following rules, namely:—
1. Short title and commencement
(1) These rules may be called the Central Motor Vehicles (Motor Vehicle
Accident Fund) Rules, 2022.
(2) These shall come into force with effect from the 1st April, 2022.
2. Definitions
In these rules, unless the context otherwise requires,—
(a) “Act” means the Motor Vehicles Act, 1988 (59 of 1988);
(b) “Fund” means the Motor Vehicle Accident Fund as constituted under
section 164B, which shall include the “Account for Insured Vehicles”,
“Account for Uninsured Vehicles or Hit and Run Motor Accident”,
and the “Hit and Run Compensation Account”;
(c) “Account for Insured Vehicles” means such part of the Fund that is
utilised for the cashless treatment of victims of motor accidents caused
by insured vehicles in accordance with the scheme framed under
section 162 of the Act;
(d) “Account for Uninsured Vehicles or Hit and Run Motor Accident”
means such part of the Fund that is utilised for the cashless treatment
of victims of motor accidents caused by uninsured vehicles or hit
and run motor accidents in accordance with the scheme framed under
section 162;
(e) “designated agency” means the agency entrusted by the Central
Government for implementation of the scheme framed under section
162;
(f) “GI Council” means the General Insurance Council constituted under
section 64C of the Insurance Act, 1938 (4 of 1938);
(g) “Hit and Run Compensation Account” means such part of the Fund
that is utilised for the payment of compensation for victims of hit
and run motor accidents as per section 161, read with the
Compensation to Victims of Hit and Run Motor Accidents Scheme,
2022;