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Compensation for injury to property other than a building.
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8.—The following provisions shall apply and have effect in relation to compensation under this Act (whether awarded by the Minister or by the Court) in respect of an injury to which this Act applies to property other than a building, that is to say:—
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(a) no compensation shall be awarded or payable in respect of any of the following chattels, that is to say:—
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(i) postage and other adhesive stamps other than any such stamps forming or included in a philatelic collection or kept by the owner as part of his stock-in-trade as a philatelic dealer,
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(ii) postal orders and post office money orders;
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(b) the aggregate amount of the compensation awarded or payable in respect of watches, jewellery and articles of personal ornament (other than any such articles which were kept by the owner as part of his stock-in-trade or were, when the injury occurred, specifically insured against loss by at least one of the following, viz:—fire, burglary, and theft, whether such insurance did or did not apply to the injury) injured in any one injury shall not exceed five per cent. of the total amount of compensation under this Act awarded in respect of property (other than buildings and other than chattels to which either this paragraph or the next following paragraph of this section applies) injured by that injury;
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(c) the aggregate amount of the compensation awarded or payable in respect of coins, legal tender and other government notes, bank notes, and other currency of this or any other country (other than any such articles which were, when the injury occurred, expressly insured against loss by at least one of the following, viz:—fire, burglary, and theft, whether such insurance did or did not apply to the injury) shall not exceed five per cent. of the total amount of compensation under this Act awarded in respect of property (other than buildings and other than chattels to which either this paragraph or the next preceding paragraph of this section applies) injured by that injury or the sum of twenty-five pounds, whichever is the lesser;
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(d) the amount of compensation in respect of any chattel which is excluded from either of the two next preceding paragraphs of this section by reason of its being insured in the manner mentioned in that paragraph shall not exceed the sum for which it is so insured;
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(e) the amount of the compensation in respect of injury to the following documents shall be fixed in accordance with a scale to be prepared in that behalf by the Minister after consultation with the Attorney-General and the President of the Incorporated Law Society of Ireland, that is to say:—
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(i) muniments of title to land or other property,
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(ii) contracts and agreements in writing,
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(iii) debentures,
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(iv) stock and share certificates and other documents of title to any stock or share,
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(v) policies of insurance,
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(vi) wills, probates, and letters of administration and official copies thereof,
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(vii) official copies of Court orders, affidavits, and other documents relating to legal proceedings;
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(f) no compensation shall be awarded or payable in respect of an injury to a ship or other vessel or to the fittings, furniture, or tackle of a ship or other vessel, or to the personal effects of the master or any member of the crew of a ship or other vessel, unless such ship or other vessel is registered in the State under the Merchant Shipping Acts, 1894 to 1939, or, being exempt from or incapable of registration under those Acts, is owned by an Irish citizen or a company registered in the State under the Companies Acts, 1908 to 1924.
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