Judgment_paragraph 45 · Kvaerner plc v Staatssecretaris van Financiën (C-191/99)

45Thus, where the contract relates to buildings, the Member State where the risk is situated is the Member State in which the property is situated according to Article 2(d), first indent, of the Directive. Under Article 2(d), second indent, if the contract relates to a vehicle, the Member State where the risk is situated is the Member State in which the vehicle is registered, even if that is not the Member State in which the vehicle is used. In accordance with Article 2(d), third indent, of the Directive, where a contract of short duration relates to travel or holiday risks, the Member State where the risk is situated is that where the policyholder took out the policy.