Section 38A: Deficit in Fire Insurance Account

38A. Deficit in Fire Insurance Account Notwithstanding section 38(2), any deficit in the Fire Insurance Account as at 31 December 2016 shall be offset by a transfer from the General Insurance Account. (j) in section 47(1), by deleting the words “Mauritius Sugar Authority” and replacing them by the words “Mauritius Cane Industry Authority”; (k) in section 57, by adding the following new subsections – (6) Notwithstanding section 3(3)(a), the Board shall, subject to subsection (4), pay a one-off financial assistance to a planter or métayer for the crop year beginning on 1 June 2017 and ending on 31 May 2018 amounting to a sum of 1,250 rupees per tonne of sugar accrued or part thereof. (7) Notwithstanding sections 3(3)(a) and 57(6), the Board shall, subject to subsection (4), pay an additional one-off financial assistance for the crop year beginning on 1 June 2017 and ending on 31 May 2018 amounting to one third of 257 rupees per tonne of sugarcane or part thereof to a planter or métayer having total sugar accrued not exceeding 60 tonnes. (l) in the Third Schedule, in the sixth item, by deleting the words “(before application of First Loss)”. 394 Acts 2019