14 Effect of transfer on insured's liability

Enforcement of insured's liability

14  Effect of transfer on insured's liability

(1)     Where rights in respect of an insured's liability to a third party are transferred under section 1, the third party may enforce that liability against the insured only to the extent (if any) that it exceeds the amount recoverable from the insurer by virtue of the transfer.

(2)     Subsection (3) applies if a transfer of rights under section 1 occurs because the insured person is

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