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WWW.LIVELAW.IN REGD. NO. D. L.-33004/99
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No. 1829]
NEW DELHI, TUESDAY, MAY 22, 2018/ JYAISHTHA 01, 1940
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(1)
WWW.LIVELAW.IN 2
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(ii)]
MINISTRY OF ROAD TRANSPORT AND HIGHWAYS NOTIFICATION New Delhi, the 22nd May, 2018 S.O. 2022(E).—In exercise of the powers conferred by sub-section (3) of section 163A of the Motor Vehicles Act, 1988 (59 of 1988), the Central Government, keeping in view the cost of living, hereby makes the following amendment to the Second Schedule to the said Act, namely:— In the Motor Vehicles Act, 1988, for the Second Schedule, the following Schedule shall be substituted namely:— “THE SECOND SCHEDULE (See Section 163A) SCHEDULE FOR COMPENSATION FOR THIRD PARTY FATAL ACCIDENTS/INJURY CASES CLAIMS 1.
(a) Fatal Accidents: Compensation payable in case of Death shall be five lakh rupees. (b) Accidents resulting in permanent disability: Compensation payable shall be = [Rs. 5,00,000/- × percentage disability as per Schedule I of the Employee’s Compensation Act, 1923 (8 of 1923)] : Provided that the minimum compensation in case of permanent disability of any kind shall not be less than fifty thousand rupees. (c) Accidents resulting in minor injury: A fixed compensation of twenty five thousand rupees shall be payable:
2.
On and from the date of 1st day of January, 2019 the amount of compensation specified in the clauses (a) to (c) of paragraph (1) shall stand increased by 5 per cent annually”.
3.
This notification shall come into form on the date of its publication in the Official Gazette.” [F. No. RT-11021/65/2017-MVL] ABHAY DAMLE, Jt. Secy.
RAKESH SUKUL
Digitally signed by RAKESH SUKUL Date: 2018.05.22 18:59:21 +05'30'
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.
