(b) takes effect on
the day on which it is so published or, if a later day is specified in the
policy for that purpose, on the later day so specified.
(2) Neither the whole
nor any part of a policy is invalid merely because (without statutory
authority) the policy is published in the Gazette after the day on which one
or more of its provisions is or are expressed to take effect. In that case,
that or those provisions take effect from the day the policy is published in
the Gazette, instead of from the earlier day.