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MARINE INSURANCE ACT 1906 - SECT 54

Effect of receipt on policy.

54. Where a marine policy effected on behalf of the assured by a broker
acknowledges the receipt of the premium, such acknowledgment is, in the
absence of fraud, conclusive as between the insurer and the assured, but not
as between the insurer and broker.

Included and excluded losses.



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© 1906 Crown Copyright

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