S.L. 234.50 Art. 4Insurance for maritime claims. S.L. 234.16

(1) No Maltese ship shall proceed or attempt to proceed to sea unless there is in force in respect of the ship an insurance cover as referred to in sub-regulation (3).

(2) No ship shall be allowed in Maltese ports unless there is in force in respect of the ship an insurance cover as referred to in sub-regulation (3).

*see regulation 1(2) as originally promulgated.

(3) The insurance referred to in sub-regulations (1) and (2) shall cover maritime claims subject to limitation under the Merchant Shipping (Limitation of Liability for Maritime Claims) Regulations. The amount of the insurance for each and every ship per incident shall be equal to the relevant maximum amount for the limitation of liability, as laid down in the said regulations.