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Chapter: | 329
 | Title: | MARINE INSURANCE ORDINANCE | Gazette Number: | |
| Section: | 17 | Heading: | Insurance is uberrimoe fidei | Version Date: | 30/06/1997 |
DISCLOSURE AND REPRESENTATIONS
A contract of marine insurance is a contract based upon the utmost good faith, and, if the utmost good faith be not observed by either party, the contract may be avoided by the other party.[cf. 1906 c. 41 s. 17 U.K.]