Section 12, Emergency Risks (Goods) Insurance Act, 1971 [S1M-RPN]
As at 6 September 2026. In force from 11 August 1971.
12. Prohibition of the holding of a policy without licence.—No person shall undertake the holding of a policy except under and in accordance with the conditions of a licence granted under section 13: Provided that nothing in this section shall apply to the holding of a policy undertaken by or on behalf of the Central Government or a State Government.
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