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In those cases where it is ascertained that there is in existence a policy issued in compliance with the Motor Vehicles Insurance (Third Party Risks) Ordinance, it will not be necessary for the victim to take any special steps to secure to himself the benefits of the scheme by notifying the Bureau, even though the insurer concerned may be in a position to repudiate liability under the policy for the reason that its conditions have been breached or it was obtained by improper methods, or that due notice of claim has not been given. To avoid possible misapprehension, it is emphasised that there is nothing in the scheme affecting any obligations imposed on a policyholder by his policy. Policyholders are not released from their contractual obligations to their insurers, although the scheme protects third party victims from the consequences of failure to observe them. For example, the failure of a policyholder to notify claims to his insurers as required by his policy, although not affecting a victim's right to benefit under the scheme, may leave the policyholder liable to his insurers. |