39/02
24 April 2002
FOURTH MOTOR INSURANCE DIRECTIVE – CONSULTATION PAPER PUBLISHED
The Government today published a consultation paper on Implementing the Fourth Motor Insurance Directive. The paper details proposals which would make it easier for someone resident in one Member State, who suffers loss or injury caused by a driver in another Member State they are visiting, to pursue a claim against the insurer.
Commenting on the consultation paper, Economic Secretary to the Treasury, Ruth Kelly, said,
“These proposals would reduce the stress and time involved in pursuing an insurance claim for UK residents who are victims of motor accidents when visiting another EU Member State. I look forward to receiving responses from all interested parties.”
The consultation period on the proposals runs until 17 July 2002, and comments are welcomed from all interested parties.
Notes to Editors:
1. The Consultation Paper comprises an inter-departmental set of proposals, co-ordinated by HM Treasury. DTLR, LCD, HM Treasury and the FSA have policy lead on different proposals.
2. The document can be found on-line on this website (please see below for the link), or hard copies can be ordered by contacting the Treasury public enquiries unit, on 020 7270 4558.
3. Feedback on the paper should be addressed in writing to Anna Silvester, HM Treasury, Allington Towers, 19 Allington Street, London, SW1E 5EB.
4. The Consultation Paper will be followed in due course by a further Consultation Paper to be published by the FSA, consulting on proposed changes to their Handbook of Rules and Guidance.
5. Media enquiries should be directed to the Treasury press office, tel. 020 7270 4420.