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← Marine Insurance Act 1906

Marine Insurance Act 1906 s 57

s 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 loss, no notice of abandonment need be given.

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Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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