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Ministry of Justice

Republic of Moldova

On January 23, 2019 No. 1412

RESOLUTION OF THE NATIONAL COMMISSION ON THE FINANCIAL MARKET OF THE REPUBLIC OF MOLDOVA

of January 21, 2019 No. 3/2

About introduction of amendments to the Resolution of the National commission on the financial market No. 26/10 of June 13, 2013

Based on parts (1) and (2) article 11 of the Law on obligatory civil liability insurance for the damage caused by vehicles No. 414/2006 (repeated publication: Official monitor of the Republic of Moldova, 2016, Art. No. 44-48, 85), National commission on the DECIDES: financial market

I. In the Resolution of the National commission on the financial market No. 26/10 of June 13, 2013 about insurance premiums of obligatory motor vehicle liability (The official monitor of the Republic of Moldova, 2013, Art. No. 173-176, 1208), registered in the Ministry of Justice of the Republic of Moldova at No. 929 from 31.07.2013, to make the following changes:

1. In appendix No. 1 "Regulations on method of calculation of basic insurance premium and adjusting factors on compulsory third party car insurance":

The concept "adjusting factor" to state 1) in Item 2 in the following edition:

"adjusting factor – the coefficient determining risk degree depending on certain factor and which application when calculating insurance premium is obligatory;";

Item 23 to state 2) in the following edition:

"23. The following adjusting factors of basic insurance premium on internal compulsory third party car insurance are established:

 

Factors

Coefficient

vehicle type

K1

territory of operation of the vehicle

K2

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