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Section 68 - Inland Vessels Act, 2021
The Inland Vessels Act, 2021
68. Issuance and terms of insurance policy.-
(1) For the purposes of section 66, the policy of insurance issued shall be a policy, which-
(a) is issued by an authorised insurer;
(b) insures the mechanically propelled inland vessel, any person or any classes of persons specified in the policy to the extent specified in section 66; and
(c) is a certificate of insurance issued by the insurer to the insured in such form and content, and subject to such conditions as may be prescribed by the Central Government.
(2) The terms and conditions to be incorporated in the contract of insurance entered between insurer and insured to cover the risks as provided in section 66 shall be such as may be prescribed by the Central Government.
Related Sections
- Section 32: Cancellation of registration
- Section 14: Mechanically propelled inland vessels not to proceed without certificate of survey, and requirement of Zone to be specified in such certificate
- Section 15: Suspension and cancellation of certificate of survey
- Section 102: Obstruction to officer appointed or authorised
- Section 82: Trade permission and endorsement of certificates of foreign vessels