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

Section 64: Particular average loss.
    (1) A particular average loss is a partial loss of the subject-matter insured, caused by a peril insured against, and which is not a general average loss.
     (2) Expenses incurred by or on behalf of the assured for the safety or preservation of the subject-matter insured, other than general average and salvage charges, are called particular charges. Particularly charges are not included in particular average.
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