Maritime Reassurance Act 1867 (SA)

ANNO TRICESIMO PRIM0

V I C T O R I E REGIN B.

A. D. 1867.

No. 4.

An Act to repeal the prohibition on Re-assurances on Marine Risks.

[Assented to, 19th December, 1867.1

EREAS an Act of the Imperial Parliament was passed in Preamble.

the nineteenth year of the reign of King George II., intituled 19 Gee. IT., o * ~. $7.

W" An Act to regulate insurance on ships belonging to the subjects

of Great Britain, and on merchandizes or effects laden thereon," by

section 4 whereof it is prohibited to make re-assurance except in sec. 4.

the cases therein mentioned: And whereas it is expedient to remove

such restriction-Be it therefore Enacted by the Governor-in-Chief

of the Province of South Australia, with the advice and consent of

the Legislative Council and House of Assembly of the said Pro-

vince, in this present Parliament assembled, as follows:

*

1. Notwithstanding anything contained in the said Act, it shall R e - a ~ r a n o e s of m

be lawful to make re-assurances upon any ship or vessel, or upon di,,,	risks and merchan-
any goods, merchandize, or other property on board of any ship or vessel, or upon the freight of any ship or vessel, or upon any other interest in or relating to any ahip or vessel which may lawfully be insured.

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2. The person so re-assuring as aforesaid shall not be entitled to only amount ot 1-8

recover on such re-assurances in the aggregate more than the amount	or damage to be re-
of loss or damage actually sustained by him.

3. This Act may be cited as the " Prohibition to Re.wsurance Re- short title.

peal Act."

I n the name and on behalf of the Queen I hereby assent to

this Act.

D. DALY, Governor.

Adelaide : Printed by authoriv, by W. Q. Cox, Qorernment Printer, Victoria-quan.