penalty points

[MAY1998]

in 2004 i had just passed my driving test 10 days before i went to buy a new car and on the way back i had a really bad accident i did not know at the time that my 3rd party insuranc edid not cover me to drive that i car i was subsequently told by police that i would be charged with having no insurance i was fined a �100 and given 6 penalty points do these penalty points come ofin august 2007 or august 2008 as i have been told that even though they stay on your licence for 4 years insurances purposes do not count them after 3 years