Section 86: Implied obligation varied by agreement or usage.

The Marine Insurance Act, 1963Central Act · Act 11 of 1963

(1) Where any right, duty, or liability would arise under a contract of marine insurance by implication of law, it may be negatived or varied by express agreement, or by usage, if the usage be such as to bind both parties to the contract.

(2) The provisions of this section extend to any right, duty, or liability declared by this Act which may be lawfully modified by agreement.

Where this provision sits

Act	The Marine Insurance Act, 1963
Section	86
Marginal note	Implied obligation varied by agreement or usage.
Jurisdiction	Central
Status	In force as published by the source

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