Section 12:
Bottomry.
The lender of money on bottomry or respondentia has an insurable interest in respect
of the loan.
11/1963 - The Marine Insurance Act, 1963 ▶
Act Number: 11
Act Name: The Marine Insurance Act, 1963
Year: 1963
Enactment Date: 1963-04-18
Long Title: An Act to codify the law relating to marine insurance.
Ministry: Ministry of Finance
Department: Department of Financial Services