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Marine War Risks Act

Version of section 3 from 2003-01-01 to 2014-12-08:

Marginal note:Insurance and reinsurance agreements

 The Minister, for the purpose of securing that ships and aircraft are not laid up and that commerce is not interrupted by reason of lack of insurance facilities, may enter into an agreement, in such form and containing such terms and conditions as are prescribed by the regulations or otherwise approved by the Governor in Council, with any person or association of persons for the insurance or reinsurance by him against any or all war risks of

  • (a) aircraft,

  • (b) vessels, or

  • (c) cargo.

  • R.S., c. 328, s. 3
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