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INSTRUMENTS ACT 1958 - SECT 29 Division to apply to all contracts of insurance

INSTRUMENTS ACT 1958 - SECT 29

Division to apply to all contracts of insurance

    (1)     The provisions of this Division shall—

        (a)     apply with respect to every contract of insurance whether made before or after the commencement of this Act; and

        (b)     take effect notwithstanding anything in any contract of insurance or other agreement whether made before or after the commencement of this Act:

Provided that the provisions of this Division shall not apply with respect to any contract of insurance so far as relates to any claim which arose out of any event which occurred before the commencement of the Instruments (Insurance Contracts) Act 1936 .

    (2)     The foregoing provisions of this section shall not apply with respect to section twenty-six of this Act.

    (3)     This Division shall be read and construed subject to the Commonwealth Act known as the Life Insurance Act 1945–1953 and any amendment thereof.

Part IV—Bonds

No. 3706 s. 25.