Chapter I: The Compulsory Non-life Insurance Guarantee Fund.

The guarantee fund is responsible for compensating the victims of accidents caused by vehicles whose use requires compulsory third party liability insurance and which are normally based in mainland France or Monaco when these accidents occur on the territory of a State referred to in article L. 211-4 with the exception of France and Monaco. Assistance from the guarantee fund is subject to the following conditions: The person responsible for…

The guarantee fund is also responsible for compensating victims when the accident caused by a vehicle referred to in article L. 421-11 occurs during a journey directly linking two territories where the Treaty establishing the European Economic Community is applicable. In such cases, the guarantee fund’s involvement is subject to the conditions set out in article L. 421-11 and to the following conditions: -There must be no national insurance office…

When it intervenes by virtue of Articles L. 421-11 and L. 421-12, the guarantee fund is subrogated to the rights of the compensation creditor against the person responsible for the accident.

A decree of the Conseil d’Etat shall lay down the conditions for the application of this section, in particular the procedures for establishing that the conditions for the intervention of the guarantee fund have been met, the procedures for the payment of compensation to victims via the national insurance bureaux, and the procedures for the exercise by the guarantee fund of the right of subrogation provided for in article L….

All insurance undertakings covering civil liability risks arising from the use of land motor vehicles in the territory of the French Republic must be members of the competent national insurance bureau in the territory of the French Republic.