S.L. 104.1 Art. 11Transferring, suspension or cessation of cover note.

(1) Where with the consent of the person to whom it was issued a policy or cover note is transferred or suspended or ceases to be effective otherwise than by the effluxion of time such person shall forthwith return any relative certificates of insurance to the insurer by whom they were issued and a new policy or cover note shall not be issued to that person, nor shall the said policy or cover note be transferred to any other person, unless and until the certificates have been returned to the insurer or he is satisfied that they have been lost or destroyed.

(2) Where any insurer by whom a certificate of insurance has been issued is satisfied that the certificate has become defaced or has been lost or destroyed he shall, if requested so to do by the person to whom the certificate was issued, issue to him a fresh certificate, provided that in the case of a certificate which has become defaced a fresh certificate shall not be issued unless and until the defaced certificate has been returned to the insurer.

(3) For the purposes of this regulation no insurer shall be satisfied that any certificate has been lost or destroyed unless the person to whom the policy or cover note was issued makes and delivers to the insurer a declaration on oath to the effect that the certificate has been so lost or destroyed.