Assignees of Fire Insurance Policies Enabling Act 1887 No 24a (NSW)

named in such instrument.

No. XIII .

An Act to enable Assignees of Fire Insurance

Policies to sue thereon in their own names.

[l3th July, 1887.]

WH E R E A S it is expedient that the Assignees of Eire Insurance Policies should be enabled to sue thereon in their own names	Be it therefore enacted by the Queen's Most Excellent Majesty by
and with the advice and consent of the Legislative Council and
Legislative Assembly of New South Wales in Parliament assembled
and by the authority of the same as follows :—

1. This Act may be cited as the " Assignees of Eire Insurance

Policies Enabling Act 1887" and for its purposes and in its construc­

tion the expression " Eire Policy" means any instrument by which the payment of money is assured or secured on the happening of any of the contingencies in the nature of loss or damage to property by fire

2. I t shall be lawful to make an assignment of a Eire Policy by

endorsement on such policy in the words or to the effect set forth in the Schedule hereto with the consent in writing of the Company or person issuing the same endorsed on such policy.
3. Whenever a Eire Policy has been assigned in such manner and with such consent as aforesaid so as to pass the beneficial interest in such policy to any person entitled to the property thereby insured the assignee of such policy shall be entitled to sue thereon in his own name And the defendant in any action shall be entitled to make any defence which he would have been entitled to make

if the said action had been brought before such assignment in the
name of the person by whom or on whose account the policy sued

upon was effected.

S C H E D U L E .

Form of Assignment.

I A . B . of &c. do hereby assign unto C.D. the within policy of insurance on [here

describe property insured $c]

In witness whereof &c.