Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsRebate on premiums
| 19. The Commissioner may, if sufficient funds have accumulated by receipt of premiums, allow a person who is liable to pay the whole or any part of a premium in respect of an insurance policy issued under this Act such rebate in respect of that amount as shall be determined by the Commissioner if no claim to indemnity under that policy has been made during the preceding three years or the aggregate amount of indemnity paid under that policy during those years is inconsiderable in the opinion of the Commissioner. |