Sri Lanka Consolidated Acts

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Crop Insurance Act (No. 13 of 1961) - Sect 17

Interest payable on premiums

17. If a person who is liable to pay the whole or any part of any premium in respect of any insurance policy issued under this Act fails to pay, within the time allowed therefor in that policy, the amount payable by him, he shall be liable to pay interest on that amount at six per centum per annum.

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