LIABILITY FOR DAMAGE CAUSED BY PERFORMANCE OF DUTIES ESTABLISHED BY THE INSURANCE LAW

The Insurance Law entered into eff ect on 26th December 2014, but the greatest number of its provisions started to be implemented on 27th June 2015. One of specifi c details of that law were provisions of Article 217 of the Insurance Law. These provisions regulate relief that persons who performed duties defi ned by the Insurance Law were relieved from liability for damage. The paper provides general and special characteristics of provisions of Article 217 of the Insurance Law. Article 217 of the Insurance Law was identical to Article 86b of the Law on the National Bank of Serbia when the Insurance Law entered into eff ect. Decision of the Constitutional Court of the Republic of Serbia stipulated that provisions of Article 86b of the Law on the National Bank of Serbia were not in compliance with the Constitution of the Republic of Serbia, so the author proposed in his conclusions to omit Article 217 of the Insurance Law from that law by a novel.

Key words: the Insurance Law; the Law on the National Bank of Serbia; supervision of insurance activities; relief from liability for damage caused while performing duties defi ned by the law.