juris

Section 1:

Sugar Insurance Fund Act · FIFTH SCHEDULE

consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

1. (a) Premium to be contributed by every planter or métayer to the Fire Insurance Account under section 34 (1) shall be determined according to the premium structure specified hereunder, provided that in respect of lands under métayage, the premium shall be shared between the métayer and the owner of the land in the proportion of their respective share of sugar— Planter or No Claims Definition Premium Premium to be métayer Discount Discount contributed Classification Level Applicable per tonne of insurable sugar Large planter NCD1 Large planter who was 0% 27.01 paid fire compensation in the previous crop year Large planter NCD2 Large planter who was 20% 21.61 not paid fire compensation in the previous crop year, but was paid fire compensation 2 crop years ago Large planter NCD3 Large planter who was 40% 16.21 not paid fire compensation in the last 2 crop years Planter, other NCD1 Planter, other than large 0% 34.19 than large planter, or métayer who planter, or was paid fire compensamétayer tion in the previous crop year Planter, other NCD2 Planter, other than large 20% 27.35 than large planter, or métayer who planter, or was not paid fire commétayer pensation in the previous crop year, but was paid fire compensation 2 crop years ago [Issue 10] S54 – 30 Revised Laws of Mauritius FIFTH SCHEDULE—continued Planter or No Claims Definition Premium Premium to be métayer Discount Discount contributed Classification Level Applicable per tonne of insurable sugar Planter, other NCD3 Planter, other than large 40% 20.52 than large planter, or métayer who planter, or was not paid fire commétayer pensation in the last 2 crop years (b) Premium to be contributed by every miller to the Fire Insurance Account under section 34 (1) shall be in accordance with the following formula— tp x 22% 78% where tp is the total premium of all planters and métayers in the enlarged factory area.

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