Exclusion of pleasure craft from the Marine Insurance Act 1909
9A Exclusion of pleasure craft from the Marine Insurance Act 1909
The Marine Insurance Act 1909 does not apply to a contract of marine insurance made in respect of a pleasure craft unless the contract is made in connection with the pleasure craft’s capacity as cargo.
For the purposes of this section, a pleasure craft is a ship that is:
used or intended to be used:
wholly for recreational activities, sporting activities, or both; and
otherwise than for reward; and
legally and beneficially owned by one or more individuals; and
not declared by the regulations to be exempt from this subsection.
For the purposes of paragraph (2)(a), any minor, infrequent and irregular use of a ship for activities other than:
recreational activities; or
sporting activities;
is to be ignored.
In this section:
contract of marine insurance has the same meaning as in the Marine Insurance Act 1909.
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