Insurance Act, 1989
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Scope of Part IV . |
57.—(1) This Part shall not apply to— | |
(a) contracts of reinsurance or to insurance intermediaries engaged solely in relation to the business of effecting contracts of reinsurance; | ||
(b) travel agents and tour operators licensed under the Transport (Tour Operators and Travel Agents) Act, 1982 , insofar as they are engaged in the placing of travel insurance or touring assistance contracts as part of, or in conjunction with, an overseas travel contract. | ||
(2) In this section “travel agent”, “tour operator” and “overseas travel contract” have the meanings assigned to them respectively under section 2 (1) of the Transport (Tour Operators and Travel Agents) Act, 1982 . |