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Cyprus parliament accepts presidential veto on vehicle insurance law amendment

The Plenary of the House of Representatives unanimously voted to accept the presidential referral of the Motor Vehicles (Third Party Liability Insurance) Amendment Law of 2026. The 53 members present approved the changes proposed by President Nikos Christodoulides to ensure the law remains constitutionally sound and practical to implement. The legislation prohibits insurance companies from arbitrarily refusing to provide coverage, particularly to elderly drivers, and mandates that any refusal must be formally justified in writing. These amendments aim to enhance transparency, prevent age-based discrimination, and ensure equal access to insurance services. MP Alexandra Attalidou, the proposal's sponsor, stated that the referral does not challenge the law's intent but clarifies legal ambiguities to ensure effective enforcement. Transitional provisions have been introduced to manage implementation, with some measures taking effect within four months and others by January 1, 2027. The law also aligns with the advice of the Legal Service to prevent potential conflicts regarding the right to contract and the separation of powers.

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