# The Libya (United Nations Sanctions) (Channel Islands) Order 1992, Article 8: Insurance of Libyan aircraft


(1) This article applies to any contract of insurance, other than a contract ofre-insurance, upon a Libyan aircraft or upon the machinery, tackle, furniture or equipment of a Libyan aircraft.
(2) Except under the authority of a licence granted under this article—
(a) in the case of the Bailiwick of Guernsey, by the Lieutenant Governor;
(b) in the case of the Bailiwick of Jersey, by the Finance and Economics Committee,
no person shall—
(i) make payment in full or partial settlement of any claim under a contract of insurance to which this article applies, unless the claim is in respect of an incident occurring before the coming into force of this Order;
(ii) effect any new contract of insurance, or agree to any variation or extension of any existing contract of insurance, to which this article applies.

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Source: https://www.legislation.gov.uk/uksi/1992/977/article/8 (the official version)
Page: https://openlegislation.uk/libya-united-nations-sanctions-channel-islands-order-1992/article-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.