# The Serbia and Montenegro (United Nations Sanctions) (Channel Islands) Order 1992, Article 8: Insurance of aircraft


(1) This article applies to any contract of insurance, other than a contract of re-insurance, upon aircraft of Serbia or Montenegro or upon the machinery, tackle, furniture or equipment of such an aircraft.
(2) Except under the authority of a licence granted under this article by the relevant authority, no person shall—
(a) 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; or
(b) 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/1992/1308/article/8 (the official version)
Page: https://openlegislation.uk/serbia-and-montenegro-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.