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INSURANCE ACT 1973 - SECT 120 Saving if section 93 ceases to have effect

INSURANCE ACT 1973 - SECT 120

Saving if section 93 ceases to have effect

    If section   93 ceases to have effect, a Lloyd's underwriter does not commit an offence against subsection   10(2) by reason only that the underwriter is carrying on business for the purpose of discharging liabilities assumed by the underwriter before section   93 ceased to have effect.