Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

ACT definition

What does ACT mean? In corporate and banking practice, ACT usually refers to the Association of Corporate Treasurers, the UK-based professional body for corporate treasury professionals, rather than a statutory “Act”. It is not defined in legislation or case law; the acronym is market terminology used in transaction documents and governance materials. The Association of Corporate Treasurers promotes professional standards in liquidity management, funding, cash and risk management, foreign exchange and derivatives. It publishes guidance and a code of ethics and awards recognised qualifications (including AMCT and FCT). In legal contexts, references to “ACT-qualified” personnel or to ACT good practice may appear in treasury policies,...

Insurance and liability for automated and self-driving vehicles: AEVA 2018, RTA 1988, data duties, legal actors and reforms in the Automated Vehicles Act 2024

Published by a LexisNexis TMT expert

Practice notes

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This Practice Note considers the impact of Part 1 of the Automated and Electric Vehicles Act 2018 (AEVA 2018), and the recommendations made in the law Commissions’ Automated Vehicles: joint report, on the UK’s motor insurance framework, looking at:

The current structure of motor insurance
How AEVA 2018 and the Law Commissions’ joint report evolved
Which categories of automation fall within AEVA 2018
Duties of the relevant legal stakeholders
The present approach to primary and secondary liability under AEVA 2018
The extent of liability envisaged by AEVA 2018
Applicable limitation periods
Retention and disclosure of data
Continuing reform

This Practice Note excludes AEVA 2018, Pt 2, which deals with provisions for charging electric vehicles. For an overview of key milestones and details on the evolution of the autonomous vehicles regime, see Practice Note: UK automated vehicles—tracker...

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Web page updated on 21/05/2026

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