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Insurance Act 1973
120Saving if section 93 ceases to have effect
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#### 120 Saving if section 93 ceases to have effect
If section 93 ceases to have effect, a Lloyd’s underwriter does not commit an offence against subsection 10(2) by reason only that the underwriter is carrying on business for the purpose of discharging liabilities assumed by the underwriter before section 93 ceased to have effect.