Bare ActsThe Marine Insurance Act, 1963

Section 36

When breach of warranty excused.

Amendment status not verified — confirm the current text below against the official source.

(1) Non-compliance with a warranty is excused when, by reason of a change of circumstances, the warranty ceases to be applicable to the circumstances of the contract, or when compliance with the warranty is rendered unlawful by any subsequent law. (2) Where a warranty is broken, the assured cannot avail himself of the defence that the breach has been remedied, and the warranty complied with before loss. (3) A breach of warranty may be waived by the insurer.

Section 36 – The Marine Insurance Act, 1963 | DailyLaw.ai