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[Cites 0, Cited by 0] [Section 7] [Entire Act]

Union of India - Subsection

Section 7(b) in The Emergency Risks (Undertakings) Insurance Scheme

(b)All plant and machinery and the hull, machinery and fittings of inland vessels, which is part of the property to be insured under the scheme shall be valued as part of a going concern or a serviceable vessel as the case may be and not as scrap.