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MARINE INSURANCE ACT 1906 - SECT 57

Actual total loss.

57.(1) Where the subject-matter insured is destroyed, or so damaged as to
cease to be a thing of the kind insured, or where the assured is irretrievably
deprived thereof, there is an actual total loss.

(2) In the case of an actual total loss no notice of abandonment need be
given.

© 1906 Crown Copyright

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