Which of the following sections of the Motor Vehicles Act, 1988 provides for special provisions as to payment of compensation on structured formula basis?
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Section 161
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Section 163
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Section 163A
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Section 170
C
Correct answer
Explanation
Option (1) is incorrect: Section 161 of the Motor Vehicles Act, 1988 provides special provisions as to compensation in case of hit and run motor accident.
Option (2) is incorrect: Section 163 of the Motor Vehicles Act, 1988 provides scheme for payment of compensation in case of hit and run motor accident.
Option (3) is correct: Section 163A of the Motor Vehicles Act, 1988 provides special provisions as to payment of compensation on structured formula basis.
Option (4) is incorrect: Section 170 of the Motor Vehicles Act, 1988 provides for impleading insurer in certain cases.