Paragraph 5
United Kingdom
A contract falls within this paragraph if it relates only to a lifeboat and is F1a contract of general insurance of a relevant class.
For the purposes of this paragraph, a contract of general insurance is of a relevant class if it insures against risks arising from or in relation to—
accidents,
ships, or
liabilities of ships,
(and no other risks).
For the purposes of this paragraph a lifeboat is a vessel used or to be used solely for rescue or assistance at sea.
Annotations
Textual amendments
- F1
Words in Sch. 7A para. 5(1) substituted (1.12.2001) by 2001/3649, art. 346(5)(a)
- F2
Sch. 7A para. 5(2) substituted (1.12.2001) by S.I. 2001/3649, art. 346(5)(b)
Notes on Schedule 7A
Textual amendments
- F1
Sch. 7A inserted (1.10.1994) by S.I. 1994/1698, art. 5
Notes on Part I
Textual amendments
- F1
Sch. 7A inserted (1.10.1994) by S.I. 1994/1698, art. 5