s 16
In forceInsurable interest not required
Part IIIInsurable interests
Division 1General insurance
16 Insurable interest not required
(1)
A contract of general insurance is not void by reason only that the insured did not have, at the time when the contract was entered into, an interest in the subject‑matter of the contract.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.