Section 34
of Insurance Regulations, 2006
Subsidiary LegislationIn forceProvision 34 of 42
Section 34
For the purposes of subsection (7) of section 20 of the Order, the maximum amount which may be withdrawn from an insurance fund in respect of that policy shall be an amount equal to the insurer's liabilities in respect of the policy as at the date of the removal.
Assumption of risk.