The maximum fine for speeding is due to go up by 60 percent under new regulations approved by the Minister of Communications. Fines for driving under the influence are also set to go up. The regulations take effect on 1 December. RÚV online reports.
The minister announced changes to the Traffic Act this past summer due to the frequency and seriousness of speeding violations. In addition to the new regulations, a draft bill has now been submitted and contains various amendments to the Act.
Young drivers have accounted for 28 percent of fatal accidents over the past seven years and under the proposed bill, they will face greater restrictions than before in the first three years after obtaining a license. This will include authorization to restrict driving to certain times of day or night, how many passengers under the age of 20 are permitted in the vehicle, and how powerful the car’s engine may be. Drivers will also have their licenses temporarily revoked if they receive more than four points in their driving record.
Stricter penalties for speeding are also planned, with fines being linked to the size of the car’s engine. Drivers who exceed double the speed limit shall have their licences revoked for at least six months. Under the new regulations, the maximum fine for speeding goes up from ISK 70,000 to ISK 110,000 (USD 1,600), and the maximum fine for driving under the influence increases from ISK 100,000 to ISK 140,000 (USD 2,000).