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Paragraph 5

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

A contract falls within this paragraph if it relates only to a lifeboat and is F1a contract of general insurance of a relevant class.

F2(2)

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—

(a)

accidents,

(b)

ships, or

(c)

liabilities of ships,

(and no other risks).

(3)

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