Insurance Companies Act 1982 (repealed)
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Change 1
36 Avoidance of contracts for unlimited amounts.
A contract entered into after the coming into force of this section by an insurance company to which this Part of this Act applies shall be void if— (a) it is a contract under which the company undertakes a liability the amount, or maximum amount, of which is uncertain at the time when the contract is entered into; and (b) it is not a contract of insurance or a contract of a class or description exempted by regulations from the operation of this section.
36 Avoidance of contracts for unlimited amounts.
A contract entered into after the coming into force of this section by an insurance company to which this Part of this Act applies shall be void if— (a) it is a contract under which the company undertakes a liability the amount, or maximum amount, of which is uncertain at the time when the contract is entered into; and (b) it is not a contract of insurance or a contract of a class or description exempted by regulations from the operation of this section.
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