Section 434B
Policy of insurance.
The Merchant Shipping Act, 1958
About this Act
An Act to foster the development and ensure the efficient maintenance of an Indian mercantile marine in a manner best suited to serve the national interests and for that purpose to establish a National Shipping Board to provide for the registration, certification, safety and security of Indian ships and generally to amend and consolidate the law relating to merchant shipping.
(1) No sailing vessel shall ply or proceed to sea unless there is in
force in respect of the members of the crew of the vessel a policy of insurance complying with the
requirements of section 434-A and the scheme framed thereunder.
(2) No customs collector shall grant a port clearance to a sailing vessel until after production by the owner of such a policy of insurance.
(2) No customs collector shall grant a port clearance to a sailing vessel until after production by the owner of such a policy of insurance.