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Section 27: Reduction of compensation

Sugar Insurance Fund Act · PART V: GENERAL INSURANCE

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.

27. Reduction of compensation (1) Notwithstanding section 26, and subject to sections 32 and 33, where the Board is satisfied that any part of the loss in the sugar yield of a planter or a métayer is attributable to causes other than cyclones, drought or excessive rainfall, the Board may, in respect of the loss due to cyclones, drought or excessive rainfall, pay compensation determined by reference to the amount of insurable sugar calculated in accordance with the formula set out in the Third Schedule. (2) — [S. 27 amended by Act 1 of 1993; s. 9 of Act 7 of 2007; s. 7 of Act 1 of 2012 w.e.f. 12 May 2012.]

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