Motor Insurance Insolvency Compensation Bill 2024

Plain-English summary AI · claude-haiku-4-5-20251001

• Implements EU motor insurance directives into Irish law, requiring drivers to have civil liability insurance and establishing compensation rules.
• Amends four Acts to update insurance regulations, VAT treatment, and Treasury Agency powers to enforce motor insurance requirements.
• Establishes framework for compensating victims of uninsured or untraced drivers when insurers become insolvent.

Stage timeline

1. First Stage 33rd Dáil

   30 May 2024
2. Second Stage 33rd Dáil

   13 Jun 2024
3. Committee Stage 33rd Dáil

   13 Jun 2024
4. Report Stage 33rd Dáil

   10 Jul 2024
5. Fifth Stage 33rd Dáil

   10 Jul 2024
6. Second Stage 26th Seanad

   26 Sep 2024
7. Committee Stage 26th Seanad

   26 Sep 2024
8. Report Stage 26th Seanad

   2 Oct 2024
9. Fifth Stage 26th Seanad

   2 Oct 2024
10. Enacted

    8 Oct 2024