Cap. 364 чл. 28Endorsement of policies of insurance.

(1) Any endorsement of an insurance policy shall be chargeable with duty as a new policy if the effect of the endorsement is to make any alteration in the policy relating to -

(a) the person or thing insured; or

(b) the risks insured; or

(c) the duration of the policy.

(2) Where an endorsement increases the amount of the insurance or of the premium, duty shall be payable on such policy as endorsed but allowance shall be made for any duty paid in respect of the policy.

(3) There shall be charged on endorsements of policies for which provision is not made under sub-article (1) or (2), a duty of two euro and thirty-three cents (2.33).