Section 72: Application of Part V to securities

72. Application of Part V to securities (1) This Part shall apply in relation to securities having effect under this Part as they apply in relation to policies of insurance. (2) Any reference in this Part, in relation to a security under subsection (1) to— (a) being insured; (b) a certificate of insurance; (c) an insurer; and (d) persons insured, shall be construed respectively as a reference to the being in force of the security, to the certificate of security, to the giver of the security, and to the person whose liability is covered by the security. R27 – 63 [Issue 3] Road Traffic Act PART VI – PUBLIC SERVICE VEHICLES AND CARRIERS