# Insurance Companies Act 1982 (repealed), Section 36: Avoidance of contracts for unlimited amounts.

Extent: E+W+S+N.I.

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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Source: https://www.legislation.gov.uk/ukpga/1982/50/section/36 (the official version)
Page: https://openlegislation.uk/insurance-companies-act-1982-repealed/section-36
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.