S.L. 403.15 Art. 11Treatment of insurance claims.

Notwithstanding the provisions of any other law, the assets of the Maltese insurance undertaking which are prohibited from being freely disposed of under article 41(2) of the Act, or by virtue of or under any other provision of the said Act, shall be available only for meeting the liabilities of the undertaking arising out of its business of insurance: Provided that, insurance claims shall rank before any other claim against such assets:

Provided further that motor insurance claims in relation to claims underwritten under class 10 as specified in Part I of the Third Schedule to the Act, shall rank before any other insurance claim.

12. Repealed by Legal Notice 317 of 2024.