125B—Acquisition of vehicle by insurer
(1) If—
(a) the
insurer considers it necessary to acquire the motor vehicle for the purposes
of the conduct of negotiations or proceedings connected with the death of, or
bodily injury to, any person caused by or arising out of the use of the
vehicle; and
(b) the
owner of the vehicle is unwilling to sell the vehicle to the insurer at all or
for a price the insurer considers reasonable,
the insurer may acquire the vehicle compulsorily in accordance with this
section.
(2) The insurer may,
for the purposes of compulsorily acquiring the motor vehicle, apply to the
Magistrates Court for a valuation of the vehicle.
(3) If within one
month after the date of a valuation by the Court, the insurer pays into the
Court the amount of the valuation, the Court—
(a) must
make an order vesting title to the motor vehicle in the insurer; and
(b) may
make any other incidental or ancillary orders that may be necessary or
desirable in the circumstances of the case.
(4) The insurer must,
after acquiring the vehicle, allow inspection and, if necessary, testing, of
the vehicle, on reasonable terms and conditions, by—
(a) any
person who is or may become a party to proceedings in respect of death or
bodily injury caused by or arising out of the use of the vehicle; or
(b) any
person who otherwise has a proper interest in inspecting the vehicle; or
(c) any
agent of a person referred to in paragraph (a) or (b).