INSERT INTO `actsofghana` (`id`, `title`, `content`, `republic`, `isshow`, `actname`) VALUES
(69, 'MONEYLENDERS\n                        ORDINANCE, 1951 (CAP 176)', '<table>\r\n<tr>\r\n                        <td vAlign="top" align="left" width="761" height="1">\r\n  \r\n                        <span style="font-family: Arial">&nbsp;</span></p>\r\n                        <p class="MsoNormal" align="center" style="text-align: center">\r\n                        <b><span style="font-family: Arial">MONEYLENDERS&nbsp; \r\n                        ORDINANCE, 1951 (CAP 176)</span></b></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">As amended by</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">ARRANGEMENT OF SECTIONS</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">1. Short Title.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">2. Interpretation.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">3. Certain Persons \r\n                        Presumed to be Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">4. Licences to be Taken \r\n                        out by Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">5. Penalty for Breaches \r\n                        of Section 4.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">6. Certificate Required \r\n                        for Grant of Moneylender''s Licence.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">7. Procedure on \r\n                        Application for a Certificate.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">8. Refusal to Grant a \r\n                        Certificate</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">9. Transfer of Business \r\n                        to other Premises.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">10. Suspension and \r\n                        Forfeiture of Moneylender''s Certificate.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">11. Disqualification \r\n                        for Making use of Forged Certificates.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">12. Form of \r\n                        Moneylenders'' Contracts.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">13. Interest to be \r\n                        Charged by Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">14. Rate of Interest \r\n                        where Sums Lent to Same Person at Various Times.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">15. Prohibition of \r\n                        Compound Interest and Provision as to Defaults.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">16. Apportionment \r\n                        Between Principal and Interest of Amounts Paid by&nbsp; \r\n                        Borrower.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">17. Prohibition of \r\n                        Charge for Expressed Loans by Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">18. Employment of \r\n                        Agents or Canvassers by Moneylender Prohibited.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">19. Moneylenders to \r\n                        Give Receipts and Keep Record of Transactions.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">20. Obligation of \r\n                        Moneylender to Supply Information as to State of Loan \r\n                        and Copies of Documents Relating Thereto.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">21. Restrictions on&nbsp; \r\n                        Moneylending Advertisements.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">22. Notice and \r\n                        Information to be given on Assignment of Moneylenders \r\n                        Debts.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">23. Application of \r\n                        Ordinance as Respects Assignees.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">24. Moneylender to \r\n                        Produce Statement of Account in Proceedings.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">25. Inducing Borrowing \r\n                        by False Statements.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">26. Penalty for Taking \r\n                        Promissory Note in which Amount is Left Blank or not \r\n                        Truly Stated.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">27. Protection of \r\n                        Lenders against Frivolous and Vexatious Actions.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">28. Common Informers \r\n                        Compounding Information.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">29. Limitation of Time \r\n                        for Proceedings in Respect of Money Lent by \r\n                        Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">30. Power of Governing \r\n                        in Council to make Regulations.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">SCHEDULES</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Schedule A—Calculation \r\n                        of interest where the interest charged on a loan is not \r\n                        expressed in terms of a rate.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Schedule B</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Schedule C</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Ordinance No. 21 of \r\n                        1940.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">CHAPTER 176.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(Gold Coast.)</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">AN ORDINANCE RELATING \r\n                        TO MONEYLENDING.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Date of Commencement. \r\n                        [1st February, 1941.]</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 1—Short Title.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">This Ordinance may be \r\n                        cited as the &quot;Moneylenders Ordinance.&quot;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section \r\n                        2—Interpretation.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">In this Ordinance, \r\n                        unless the context otherwise requires —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&quot;Authorised name&quot; and \r\n                        &quot;authorised address&quot; mean respectively the name under \r\n                        which and the address at which a moneylender is \r\n                        authorised by a certificate granted under this Ordinance \r\n                        to carry on business as a moneylender;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&quot;Business name&quot; means \r\n                        the name or style under which any business is carried \r\n                        on, whether in partnership or otherwise;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&quot;Company&quot; means any \r\n                        body corporate being a moneylender;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&quot;Firm&quot; means an \r\n                        unincorporate body of two or more individuals, or one or \r\n                        more individuals and one or more corporations, or two or \r\n                        more corporations, who have entered into partnership \r\n                        with one another with a view to carrying on business for \r\n                        profit;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&quot;Moneylender&quot; means and \r\n                        includes every person whose business is that of \r\n                        moneylending or who carries on or advertises or \r\n                        announces himself or holds himself out in any way as \r\n                        carrying on that business, whether or not he also \r\n                        possesses or owns property or money derived from sources \r\n                        other than the lending of money and whether or not he \r\n                        carries on the business as a principal or as an agent; \r\n                        but shall not include—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Cap 190.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) any society \r\n                        registered under the Co-operative Societies Ordinance; \r\n                        or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) any body corporate, \r\n                        incorporated or empowered by special Ordinance to lend \r\n                        money in accordance with such Ordinance; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) any person bona \r\n                        fide carrying on the business of banking or insurance or \r\n                        bona fide carrying on any business, not having for its \r\n                        primary object the lending of money, in the course of \r\n                        which and for the purposes whereof he lends money; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(d) any person or body \r\n                        corporate exempted from the provisions of this Ordinance \r\n                        by Order of the Governor in Council; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Cap 189. </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(e) any pawnbroker \r\n                        licensed under the Pawnbrokers Ordinance, where the loan \r\n                        is made in accordance with the provisions of the \r\n                        Pawnbrokers Ordinance, and does not exceed the sum of \r\n                        fifty pounds.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&quot;Principal&quot; means in \r\n                        relation to a loan the amount actually lent to the \r\n                        borrower.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 3—Certain \r\n                        Persons Presumed to be Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Save as excepted in \r\n                        paragraphs (a), (b), (c), (d) and (e) of the definition \r\n                        of &quot;Moneylender&quot; in section 2 any person who lends money \r\n                        at interest or who lends a sum of money in consideration \r\n                        of a larger sum being repaid shall be presumed to be a \r\n                        moneylender until the contrary be proved.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 4—Licences to \r\n                        be Taken out by Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Every moneylender, \r\n                        whether carrying on business alone or as a partner in a \r\n                        firm, shall take out annually in respect of every \r\n                        address at which he carries on his business as such, a \r\n                        licence ( in this Ordinance referred to as \r\n                        &quot;moneylender''s licence&quot;) which shall expire on the 31st \r\n                        day of December next after it is granted, and there \r\n                        shall be charged for every moneylender''s licence a fee \r\n                        of ¢2,000.00. [As amended by Moneylenders Ordinance \r\n                        (Amendment) Law, 1983 (PNDCL 57) s.1]</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Subject to the \r\n                        provisions of this Ordinance, moneylender''s licences \r\n                        shall be in such form as the National Liberation Council \r\n                        may prescribe and shall be granted, on payment of the \r\n                        fee prescribed by subsection (1) by any public&nbsp; officer \r\n                        authorised by the National Liberation Council to grant \r\n                        them.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) A moneylender''s \r\n                        licence shall be taken out by a moneylender in the true \r\n                        name of the moneylender and shall be void if it be taken \r\n                        out in any other name and every moneylender''s licence \r\n                        shall also show the moneylender''s authorised name and \r\n                        address.[As substituted by Moneylenders Ordinance \r\n                        (Amendment) Decree, 1966 (NLCD 88) s.1]</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 5—Penalty for \r\n                        Breaches of Section 4.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">If any person—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) takes out a \r\n                        moneylender''s licence in any name other than his true \r\n                        name; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) carries on business \r\n                        as a moneylender without being in possession of a valid \r\n                        moneylender''s licence authorising him so to do; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) being licensed as a \r\n                        moneylender, carries on business as such in any name \r\n                        other than his authorised name, or at any other place \r\n                        than his authorised address or addresses; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(d) enters into any \r\n                        agreement in the course of his business as a moneylender \r\n                        with respect to the advance or repayment of money or \r\n                        takes any security for money in the course of his \r\n                        business as a moneylender, otherwise than in his \r\n                        authorised name;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">he shall for each \r\n                        offence be liable on summary conviction—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) if other than a \r\n                        body corporate, to a fine not exceeding one hundred \r\n                        pounds and in the event of a second or subsequent \r\n                        conviction to imprisonment for three months or a fine of \r\n                        one hundred pounds or both; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) in the case of a \r\n                        body corporate, to a fine of one hundred pounds and in \r\n                        the event of a second or subsequent conviction to a fine \r\n                        of five hundred pounds.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided that no \r\n                        prosecution shall be instituted under paragraph (b) \r\n                        without the consent of a Law Officer</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 6—Certificate \r\n                        Required for Grant of Moneylender''s Licence.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) A moneylender''s \r\n                        licence shall not be granted except to a person who \r\n                        holds a certificate granted in accordance with the \r\n                        provisions of this section authorising the grant of the \r\n                        licence to that person, and a separate certificate shall \r\n                        be required in respect of every separate licence. Any \r\n                        moneylender''s licence granted in contravention of this \r\n                        section shall be void.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Application for a \r\n                        certificate under this section (in this Ordinance \r\n                        referred to as a certificate) shall be made to the \r\n                        District Commissioner of the District in which the \r\n                        moneylender''s business is to be carried on and may be \r\n                        granted or refused by such District Commissioner in \r\n                        accordance with the provisions of this Ordinance.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) Every certificate \r\n                        granted to a moneylender shall show his true name and \r\n                        the name under which, and the address at which, he is \r\n                        authorised by the certificate to carry on business as \r\n                        such, and a certificate shall not authorise a \r\n                        moneylender to carry on business at more than one \r\n                        address, or under more than one name, or under any name \r\n                        which includes the word &quot;bank&quot; or otherwise implies that \r\n                        he carries on banking business, and no certificate shall \r\n                        authorise a moneylender to carry on business under any \r\n                        name except—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) his true name; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) the name of a firm \r\n                        in which he is a partner, not being a firm required by \r\n                        the Registration of Business Names Ordinance, to be \r\n                        registered.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Cap. 177</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(4) A certificate shall \r\n                        come into force on the date specified therein, and shall \r\n                        expire on the thirty-first day of December next \r\n                        following.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(5) If any person is \r\n                        aggrieved by the refusal of the District Commissioner to \r\n                        grant a certificate, he may within one month appeal to \r\n                        the Governor in Council whose decision thereon shall be \r\n                        final and conclusive.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 7—Procedure on \r\n                        Application for a Certificate.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">A person intending to \r\n                        apply for a certificate under this Ordinance shall, \r\n                        fourteen days at least before the application, give \r\n                        notice of his intention by registered letters sent by \r\n                        post to the District Commissioner of the District, and \r\n                        to the officer in charge of the police at the place \r\n                        where he proposes to carry on business, and shall in the \r\n                        notice set forth his name and address and the address at \r\n                        which he proposes to carry on his business.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 8—Refusal to \r\n                        Grant a Certificate.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">A certificate shall not \r\n                        be refused except on one or more of the following \r\n                        grounds—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) that satisfactory \r\n                        evidence has not been produced of the good character of \r\n                        the applicant, and in the case of a company of the \r\n                        persons responsible for the management thereof;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) that satisfactory \r\n                        evidence has been produced that the applicant, or any \r\n                        person responsible&nbsp; or proposed to be responsible, for \r\n                        the management of his business as a moneylender, is not \r\n                        a fit and proper person to hold a certificate;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) that the applicant, \r\n                        or any person responsible or proposed to be responsible \r\n                        for the management of his business as a moneylender, is \r\n                        by order of a Court disqualified for holding a \r\n                        certificate;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(d) that the applicant \r\n                        is disqualified under section 11 for the grant of a \r\n                        moneylender''s licence;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(e) that the applicant \r\n                        has not complied with the provisions of any regulation \r\n                        made with respect to applications for certificates.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 9—Transfer of \r\n                        Business to Other Premises.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) A moneylender shall \r\n                        not transfer his business to premises other than those \r\n                        specified in his licence, until he has notified the \r\n                        District Commissioner of the proposed transfer.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Any moneylender \r\n                        contravening the provisions of this section shall be \r\n                        liable to a fine not exceeding ten pounds.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 10—Suspension \r\n                        and Forfeiture of Moneylender''s Certificate.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Where any person, \r\n                        being the holder of a certificate, is convicted of any \r\n                        offence under this Ordinance the Court —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) may order that any \r\n                        certificate held by that person, and in the case of a \r\n                        partner in a firm by any other partner in the firm, \r\n                        shall either be suspended for such time as the Court \r\n                        thinks fit, or shall be forfeited, and may also, if the \r\n                        Court thinks fit, declare any such person, or any person \r\n                        responsible for the management of the moneylending \r\n                        business carried on by the person convicted, to be \r\n                        disqualified for obtaining a certificate for such time \r\n                        as the Court thinks fit; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) shall cause \r\n                        particulars of the conviction and of any order made by \r\n                        the Court under this subsection to be endorsed on every \r\n                        certificate held by the person convicted or by any other \r\n                        person affected by the order, and shall cause copies of \r\n                        those particulars to be sent to the authority by whom \r\n                        any certificate so endorsed was granted, and to the \r\n                        Commissioner of Police:</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided that, where by \r\n                        order of a Court a certificate held by any person is \r\n                        suspended or forfeited, or any person is disqualified \r\n                        for obtaining a certificate, he may, whether or not he \r\n                        is the person convicted, appeal against the order in the \r\n                        same manner as any person convicted may appeal against \r\n                        his conviction, and the Court may, if it thinks fit, \r\n                        pending the appeal, defer the operation of the order.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Any certificate \r\n                        required by a Court for endorsement in accordance with \r\n                        the foregoing provisions of this section shall be \r\n                        produced, in such manner and within such time as may be \r\n                        directed by the Court, by the person by whom it is held, \r\n                        and any person who, without reasonable cause, makes \r\n                        default in producing any certificate so required shall, \r\n                        in respect of each offence, be liable to a fine not \r\n                        exceeding one pound for each day during which the \r\n                        default continues.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) Where a certificate \r\n                        held by any person is ordered to be suspended or to be \r\n                        forfeited under the foregoing provisions of this \r\n                        section, any moneylender''s licences granted to that \r\n                        person, whether in pursuance of that or any other \r\n                        certificate, shall be suspended during the period for \r\n                        which the certificate is ordered to be suspended or \r\n                        become void, as the case may be.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section \r\n                        11—Disqualification for Making use of Forged \r\n                        Certificates.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">A licence granted in \r\n                        pursuance of a forged certificate shall be void; and if \r\n                        any person makes use of a forged certificate, knowing it \r\n                        to be forged, he shall be disqualified for the grant of \r\n                        a moneylender''s licence at any time thereafter.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 12—Form of \r\n                        Moneylenders'' Contracts.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) No contract by a \r\n                        borrower or his agent for the repayment or securing of \r\n                        money lent to the borrower or to any agent on his behalf \r\n                        by a moneylender or for the payment by the borrower or \r\n                        by any agent on his behalf of interest on money so lent \r\n                        and no security given by the borrower or by any such \r\n                        agent as aforesaid in respect of any such contract shall \r\n                        be enforceable, unless a memorandum in writing of the \r\n                        contract be made and signed by the parties to the \r\n                        contract or their respective agents, or in the case of a \r\n                        loan to a firm, by a partner in or agent of the firm, \r\n                        and unless a copy of such memorandum be delivered or \r\n                        sent by post to the borrower or his agent within seven \r\n                        days of its having been so signed and certified; and no \r\n                        such contract or security shall be enforceable if it is \r\n                        proved that the memorandum aforesaid was not signed by \r\n                        the borrower before the money was lent or before the \r\n                        security was given as the case may be:</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided always that, \r\n                        where a security is given to secure an immediate loan \r\n                        and subsequent loans, the security shall be enforceable \r\n                        in respect of any subsequent loan thereby secured if the \r\n                        note or memorandum in respect of such subsequent loan be \r\n                        signed and delivered to the borrower before the money \r\n                        shall be lent.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) In this section the \r\n                        expression &quot;borrower&quot; includes a surety.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) The memorandum \r\n                        aforesaid shall contain all the terms of the contract, \r\n                        and in particular shall show separately and distinctly—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) the date on which \r\n                        the loan is made;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) the amount of the \r\n                        principal of the loan; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) the rate of \r\n                        interest per centum per annum, payable in respect of the \r\n                        loan or, where the interest is not expressed in terms of \r\n                        a rate per centum per annum, the amount of such \r\n                        interest.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">All dates and numbers \r\n                        shall be written in English numerals notwithstanding \r\n                        that they are also written in any other way.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 13—Interest to \r\n                        be Charged by Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Where, in any \r\n                        proceedings in respect of any money lent by a \r\n                        moneylender or by any person other than a moneylender \r\n                        after the commencement of this Ordinance, or in respect \r\n                        of any agreement or security made or taken after the \r\n                        commencement of this Ordinance in respect of money lent \r\n                        either before or after the commencement of this \r\n                        Ordinance, it is found that —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) on a loan secured \r\n                        by a first charge on any real or personal property, or \r\n                        by the indemnity or personal guarantee of a third party, \r\n                        the interest exceeds the rate of 15 per cent per annum \r\n                        for the first £500 or part thereof or 12½ per cent on \r\n                        any amount in excess of £500; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) on a loan secured \r\n                        by a second charge on any real or personal property, the \r\n                        interest exceeds the rate of 17½ per cent per annum for \r\n                        the first £500 or part thereof or 15 per cent per annum \r\n                        on any amount in excess of £500; or</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) on an unsecured \r\n                        loan the interest exceeds the rate of 30 per cent per \r\n                        annum</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Cap. 175.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">or the corresponding \r\n                        rate in respect of any other period, the Court, \r\n                        notwithstanding any native law or custom to the \r\n                        contrary, shall, unless the contrary is proved, presume \r\n                        for the purposes of section 3 of the Loans Recovery \r\n                        Ordinance, that the interest charged is excessive and \r\n                        that the transaction is harsh and unconscionable, but \r\n                        this provision shall be without prejudice to the powers \r\n                        of the Court under that section where the Court is \r\n                        satisfied that the interest charged, although not \r\n                        exceeding the rates mentioned in this section, is \r\n                        excessive.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Cap 175.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Where a Court \r\n                        reopens a transaction of a moneylender under the said \r\n                        section 3 of the Loans Recovery Ordinance, the Court may \r\n                        require the moneylender to produce any certificate \r\n                        granted to him in accordance with the provisions of this \r\n                        Ordinance, and may cause such particulars as the Court \r\n                        thinks desirable to be endorsed on any such certificate, \r\n                        and a copy of the particulars to be sent to the \r\n                        authority by whom the certificate was granted.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Cap 175.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) The powers of a \r\n                        Court under the said subsection (3) of section 1 of the \r\n                        Loans Recovery Ordinance may be exercised \r\n                        notwithstanding that the moneylender''s right of action \r\n                        for the recovery of the money lent is barred.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 14—Rate of \r\n                        Interest where Sums Lent to Same Person at Various \r\n                        Times.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) If several sums are \r\n                        loaned to the same person, whether at the same or \r\n                        different times, the rate of interest on the aggregate \r\n                        sum loaned, or owing at the date the last sum is loaned, \r\n                        shall be the rate of interest for the purposes of \r\n                        section 13 as if the whole amount then owing had been \r\n                        loaned as one transaction.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) The interest shall \r\n                        constitute a comprehensive charge to include all \r\n                        discounts, commissions, bonuses, fines, expenses, and \r\n                        any amount by whatsoever name called, in excess of the \r\n                        principal, paid or payable to the lender in \r\n                        consideration of or otherwise in respect of a loan, but \r\n                        shall not include charges, expenses or costs in respect \r\n                        of —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) stamp duties;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) registration of any \r\n                        document in accordance with the provisions of any law;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) preparation of any \r\n                        document by a qualified legal practitioner;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(d) investigation of \r\n                        title to any property;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(e) insurance on \r\n                        property;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(f) obtaining a copy of \r\n                        the record of the judgment of any&nbsp; Court;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(g) inspection of any \r\n                        property by the mortgagee prior to the mortgage; </span>\r\n                        </p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">or any costs \r\n                        specifically allowed by any court before which the \r\n                        matter may come for adjudication.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 15—Prohibition \r\n                        of Compound Interest and Provision as to Defaults.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Subject as \r\n                        hereinafter provided, any contract made after the \r\n                        commencement of this Ordinance for the loan of money by \r\n                        a moneylender shall be illegal in so far as it provides \r\n                        directly or indirectly for the payment of interest in \r\n                        advance whether by deduction of any amount from the \r\n                        principal sum borrowed or otherwise, or for the payment \r\n                        of compound interest on the loan or for the rate or \r\n                        amount of interest being increased by reason of any \r\n                        default in the payment of sums due under the contract:</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided that provision \r\n                        may be made by any such contract that if default is made \r\n                        in the payment upon the due date of any sum payable to \r\n                        the moneylender under the contract, whether in respect \r\n                        of principal or interest, the moneylender shall be \r\n                        entitled to charge simple interest on that sum from the \r\n                        date of the default until the sum is paid, at a rate not \r\n                        exceeding the rate payable in respect of the principal \r\n                        apart from any default, and any interest so charged \r\n                        shall not be reckoned for the purposes of this section \r\n                        as part of the interest charged in respect of the loan.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Any moneylender \r\n                        contravening the provisions of this section shall be \r\n                        liable to fine not exceeding fifty pounds in respect of \r\n                        each such loan.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section \r\n                        16—Apportionment Between Principal and Interest of \r\n                        Amounts Paid by&nbsp; Borrower.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Where by a contract \r\n                        for the loan of money by a moneylender the interest \r\n                        charged on the loan is not expressed in terms of a rate, \r\n                        any amount paid or payable to the moneylender under the \r\n                        contract other than simple interest shall be \r\n                        appropriated to principal and interest in the proportion \r\n                        that the principal bears to the total amount of the \r\n                        interest.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Method of Calculating \r\n                        Rate of Interest when not expressed in terms of a Rate.&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Schedule A.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Schedule B.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Where the interest \r\n                        charged on a loan of money is not expressed in terms of \r\n                        a rate per centum per annum the rate of interest per \r\n                        centum per annum charged on the loan shall be calculated \r\n                        in accordance with the provisions of Schedule A or, \r\n                        where the contract provides for the payment of equal \r\n                        instalments of principal and interest at equal intervals \r\n                        of time, in accordance with the formula given in \r\n                        Schedule B.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 17—Prohibition \r\n                        of Charge for Expressed Loans by Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Any agreement between a \r\n                        moneylender and a borrower or intending borrower for the \r\n                        payment by the borrower or intending borrower to the \r\n                        moneylender of any sum on account of costs, charges or \r\n                        expenses incidental to or relating to the negotiations \r\n                        for or the granting of the loan or proposed loan shall \r\n                        be illegal, and if any sum is paid to such moneylender \r\n                        by a borrower or intending borrower for or on account of \r\n                        any such costs, charges or expenses that sum shall be \r\n                        recoverable as a debt due to the borrower or intending \r\n                        borrower, or, in the event of the loan being completed, \r\n                        shall, if not so recovered, be set off against the \r\n                        amount actually lent and that amount shall be deemed to \r\n                        be reduced accordingly:</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided that the \r\n                        provisions of this section shall not apply to the \r\n                        charges, expenses and costs specified in section 14 (2) \r\n                        as charges, expenses and costs excluded from those \r\n                        constituting interest.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 18—Employment \r\n                        of Agents or Canvassers by Moneylender Prohibited.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) No moneylender or \r\n                        any person acting on behalf of a moneylender shall \r\n                        employ any agent or canvasser for the purpose of \r\n                        inviting any person to borrow money or to enter into any \r\n                        transaction involving the borrowing of money from such \r\n                        moneylender, and no person shall act as such agent or \r\n                        canvasser, or demand or receive directly or indirectly \r\n                        any sum or other valuable consideration by way of \r\n                        commission or otherwise for introducing or undertaking \r\n                        to introduce to a moneylender any person desiring to \r\n                        borrow money.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Any contract by the \r\n                        borrower to pay to an agent or canvasser of a \r\n                        moneylender a commission for obtaining a loan shall be \r\n                        null and void, and if any sum has been paid by way of \r\n                        commission or otherwise for such service, the agent or \r\n                        canvasser shall be liable to a fine not exceeding twenty \r\n                        pounds.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 19—Moneylenders \r\n                        to Give Receipts and Keep Record of Transactions.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Every moneylender \r\n                        shall give a receipt for every payment made to him on \r\n                        account of a loan or of interest thereon.&nbsp; Every such \r\n                        receipt shall be given immediately the payment is made.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Every moneylender \r\n                        shall keep a book (which shall be securely bound and \r\n                        paged so that leaves cannot be removed or inserted \r\n                        without apparent damage) in which he shall enter in \r\n                        connection with every loan made by him —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) the date on which \r\n                        the loan was made;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) the amount of the \r\n                        principal;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) the rate of \r\n                        interest;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(d) all sums received \r\n                        in respect of the loan or the interest thereon, with the \r\n                        dates of payment thereof </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">and shall produce such \r\n                        book when required to do so by any Court.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) The entries in the \r\n                        said book shall be made forthwith on the making of the \r\n                        loan or the receipt of sums paid in respect thereof as \r\n                        the case may be.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(4) Any moneylender who \r\n                        fails to comply with any of the requirements of this \r\n                        section shall not be entitled to enforce any claim in \r\n                        respect of any transaction in relation to which the \r\n                        default shall have been made.&nbsp; He shall also be guilty \r\n                        of an offence under this Ordinance and shall be liable \r\n                        to a fine not exceeding ten pounds or in the case of a \r\n                        continuing offence to a fine not exceeding five pounds \r\n                        for each day or part of a day during which such offence \r\n                        continues.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 20—Obligation \r\n                        of Moneylender to Supply Information as to State of Loan \r\n                        and Copies of Documents Relating Thereto.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) In respect of every \r\n                        contract for the repayment of money lent by a \r\n                        moneylender (whether made before or after the \r\n                        commencement of this Ordinance) the moneylender shall, \r\n                        on any reasonable demand in writing being made by the \r\n                        borrower at any time during the continuance of the \r\n                        contract and on tender by the borrower of the sum of one \r\n                        shilling for expenses, supply to the borrower, or, if \r\n                        the borrower so requires, to any person specified in \r\n                        that behalf in the demand, a statement signed by the \r\n                        moneylender or his agent showing—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) the date on which \r\n                        the loan was made, the amount of the principal of the \r\n                        loan and the rate per centum per annum of interest \r\n                        charged; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) the amount of any \r\n                        payment already received by the moneylender in respect \r\n                        of the&nbsp; loan or the interest thereon and the date on \r\n                        which it was made; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) the amount of every \r\n                        sum due to the moneylender, but unpaid, and the date \r\n                        upon which it became due, and the amount of interest \r\n                        accrued due and unpaid in respect of every such sum; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(d) the amount of every \r\n                        sum not yet due which remains outstanding, and the date \r\n                        upon which it will become due. </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Schedule C</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">A statement of account \r\n                        in the form in Schedule C shall be deemed to comply with \r\n                        the requirements of this subsection.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) A moneylender \r\n                        shall, on any reasonable demand in writing by the \r\n                        borrower, and on tender of a reasonable sum for \r\n                        expenses, supply a copy of any document relating to a \r\n                        loan made by him or any security therefor, to the \r\n                        borrower, or if the borrower so requires, to any person \r\n                        specified in that behalf in the demand.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) If a moneylender to \r\n                        whom a demand has been made under this section fails \r\n                        without reasonable excuse to comply therewith within one \r\n                        month after the demand has been made, he shall not, so \r\n                        long as the default continues, be entitled to sue for or \r\n                        recover any sum due under the contract on account either \r\n                        of principal or interest, and interest shall not be \r\n                        chargeable in respect of the period of the default, and \r\n                        if such default is made or continued after proceedings \r\n                        have ceased to lie in respect of the loan, the \r\n                        moneylender shall be liable to a fine not exceeding one \r\n                        pound for every day on which the default continues.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 21—Restrictions \r\n                        on&nbsp; Moneylending Advertisements.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) No person shall \r\n                        knowingly send or deliver or cause to be sent or \r\n                        delivered to any person except in response to his \r\n                        written request any circular or other document \r\n                        advertising the name, address or telephone number of a \r\n                        moneylender, or containing an invitation—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) to borrow money \r\n                        from a moneylender;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) to enter into any \r\n                        transaction involving&nbsp; the borrowing of money from a \r\n                        moneylender;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) to apply to any \r\n                        place with a view to obtaining information or advice as \r\n                        to borrowing any money from a moneylender.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Subject as \r\n                        hereinafter provided, no person shall publish or cause \r\n                        to be published in any newspaper or other printed paper \r\n                        issued periodically for public circulation, or by means \r\n                        of any poster or placard, an advertisement advertising \r\n                        any such particulars, or containing any such invitation, \r\n                        as aforesaid:</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided that an \r\n                        advertisement by a moneylender licensed under this \r\n                        Ordinance may be published by or on behalf of a \r\n                        moneylender in any newspaper or other printed paper \r\n                        issued periodically for public circulation or by means \r\n                        of any poster or placard exhibited at an authorised \r\n                        address of the moneylender if it contains no particulars \r\n                        other than the following —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) the name under \r\n                        which the moneylender is authorised by the certificate \r\n                        granted under section 6 to carry on business; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) any authorised \r\n                        address at which the moneylender carries on business and \r\n                        the telegraphic address and telephone number thereof; \r\n                        and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) any address at \r\n                        which he formerly carried on&nbsp; business; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(d) a statement that he \r\n                        lends money with or&nbsp; without security; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(e) a statement of the \r\n                        highest and lowest sums that he is prepared to lend; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(f) a statement of the \r\n                        date on which the business carried on by him was first \r\n                        established.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) Where any document \r\n                        issued or published by or on behalf of a moneylender \r\n                        purports to indicate the terms of interest upon which he \r\n                        is willing to make loans or any particular loan, the \r\n                        document shall either express the interest proposed to \r\n                        be charged in terms of a rate per centum per annum or \r\n                        show the rate per centum per annum represented by the \r\n                        interest proposed to be charged as calculated in \r\n                        accordance with the provisions of Schedule A or B.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(4) Any person acting \r\n                        in contravention of any of the provisions of this \r\n                        section shall be liable to imprisonment for three months \r\n                        or to a fine of fifty pounds or to both such \r\n                        imprisonment and fine.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(5) Where it is shown \r\n                        that a moneylending transaction was brought about by a \r\n                        contravention of any of the provisions of this section, \r\n                        the transaction shall be illegal, unless the moneylender \r\n                        proves that the contravention occurred without his \r\n                        consent or connivance.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 22—Notice and \r\n                        Information to be given on Assignment of Moneylenders \r\n                        Debts.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Where any debt in \r\n                        respect of money lent by a moneylender, whether before \r\n                        or after the commencement of this Ordinance, or in \r\n                        respect of interest on any such debt or the benefit of \r\n                        any agreement made or security taken in respect of any \r\n                        such debt or interest is assigned to any assignee, the \r\n                        assignor (whether he is the moneylender by whom the \r\n                        money was lent or any person to whom the debt has been \r\n                        previously assigned) shall, before the assignment is \r\n                        made —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) give to the \r\n                        assignee notice in writing that the debt, agreement or \r\n                        security is affected by the operation of this Ordinance; \r\n                        and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) supply to the \r\n                        assignee all information necessary to enable him to \r\n                        comply with the provisions of this Ordinance relating to \r\n                        the obligation to supply information as to the state of \r\n                        loans and copies of documents relating thereto; </span>\r\n                        </p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">and any person acting \r\n                        in contravention of any of the provisions of this \r\n                        section shall be liable to indemnify any other person \r\n                        who is prejudiced by the contravention, and shall also \r\n                        in respect of each offence be liable to imprisonment for \r\n                        a term not exceeding six months or to a fine not \r\n                        exceeding one hundred pounds.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) In this section the \r\n                        expression &quot;assigned&quot; means assigned by any assignment \r\n                        inter vivos other than an assignment by operation of \r\n                        law, and the expressions &quot;assignor&quot; and &quot;assignee&quot; have \r\n                        corresponding meanings.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 23—Application \r\n                        of Ordinance as Respects Assignees.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Subject as \r\n                        hereinafter provided, the provisions of this Ordinance \r\n                        shall continue to apply to any debt to a moneylender in \r\n                        respect of money lent by him after the commencement of \r\n                        this Ordinance or in respect of interest on money so \r\n                        lent or of the benefit of any agreement made or security \r\n                        taken in respect of any such debt or interest, \r\n                        notwithstanding that the debt or benefit of the \r\n                        agreement or security may have been assigned to any \r\n                        assignee, and, except where the context otherwise \r\n                        requires, references in this Ordinance to a moneylender \r\n                        shall accordingly be construed as including any such \r\n                        assignee as aforesaid:</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided that \r\n                        notwithstanding anything in this Ordinance—</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(i) any agreement with, \r\n                        or security taken by, a&nbsp; moneylender in respect of money \r\n                        lent by him after the commencement of this Ordinance \r\n                        shall be valid in favour of any bona fide assignee or \r\n                        holder for value without notice of any defect due to the \r\n                        operation of this Ordinance and of any person deriving \r\n                        title under him; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(ii) any payment or \r\n                        transfer of money or property made bona fide by any \r\n                        person, whether acting in a fiduciary capacity or \r\n                        otherwise, on the faith of the validity of any such \r\n                        agreement or security, without notice of any such defect \r\n                        shall, in favour of that person, be as valid as it would \r\n                        have been if the agreement or security had been valid; \r\n                        and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(iii) the provision of \r\n                        this Ordinance limiting the time for proceedings in \r\n                        respect of money lent shall not apply to any proceedings \r\n                        in respect of any such agreement or security commenced \r\n                        by a bona fide assignee or holder for value without \r\n                        notice that the agreement or security was affected by \r\n                        the operation of this Ordinance, or by any person \r\n                        deriving title under him;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">but in every such case \r\n                        the moneylender shall be liable to indemnify the \r\n                        borrower or any other person who is prejudiced by virtue \r\n                        of this section and nothing in this proviso shall render \r\n                        valid an agreement or security in favour of, or apply to \r\n                        proceedings commenced by, an assignee or holder for \r\n                        value who is himself a moneylender.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Nothing in this \r\n                        section shall render valid for any purpose any \r\n                        agreement, security, or other transaction which would, \r\n                        apart from the provisions of this Ordinance, have been \r\n                        void or unenforceable.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 24—Moneylender \r\n                        to Produce Statement of Account in Proceedings.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Where proceedings \r\n                        are taken in any Court by any person for the recovery of \r\n                        any money lent, or the enforcement of any agreement or \r\n                        security made or taken in respect of money lent, the \r\n                        plaintiff shall produce a statement of&nbsp; his account as \r\n                        prescribed in section 20.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Power of Court to \r\n                        Determine Contract.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Where in any such \r\n                        proceedings there is evidence which satisfies the Court \r\n                        that default in payment of any sum due to the plaintiff \r\n                        under a contract for the loan of money has been made by \r\n                        the borrower and it is proved that any further amount is \r\n                        outstanding under the contract but not yet due, the \r\n                        Court may determine the contract and order the principal \r\n                        outstanding to be paid to the plaintiff with such \r\n                        interest thereon, if any, as the Court may allow up to \r\n                        the date of payment.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Application to all \r\n                        Moneylending Transactions.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3) The foregoing \r\n                        provisions of this section shall apply to any \r\n                        transaction which, whatever its form may be, is \r\n                        substantially one of moneylending.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Bona Fide Assignee.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(4) Nothing in the \r\n                        foregoing provisions of this section shall affect the \r\n                        rights of any bona fide assignee or holder for value \r\n                        without notice.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Existing Powers of \r\n                        Court.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(5) Nothing in this \r\n                        section shall be construed as derogating from the \r\n                        existing powers or jurisdiction of any Court.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 25—Inducing \r\n                        Borrowing by False Statements.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">If any moneylender, or \r\n                        any person being a manager, agent or clerk of a \r\n                        moneylender, or a director, manager or other officer of \r\n                        any corporation carrying on the business of a \r\n                        moneylender by any false, misleading, or deceptive \r\n                        statement, representation, or promise, or by any \r\n                        dishonest concealment of material facts, fraudulently \r\n                        induces or attempts to induce any person to borrow money \r\n                        or to agree to the terms on which money is or is to be \r\n                        borrowed, shall be liable to imprisonment for any term \r\n                        not exceeding six months, or to a fine not exceeding one \r\n                        hundred pounds.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 26—Penalty for \r\n                        Taking Promissory Note in which Amount is Left Blank or \r\n                        not Truly Stated.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Any moneylender who \r\n                        shall take as security for any loan, a promissory note \r\n                        or other contract for the repayment of money lent in \r\n                        which the principal is to the knowledge of the lender \r\n                        not truly stated, or is left blank, shall be guilty of \r\n                        an offence, and shall be liable to a fine not exceeding \r\n                        one hundred pounds or in the event of a second or \r\n                        subsequent conviction to imprisonment for three months \r\n                        or a fine of one hundred pounds or both:</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided that if the \r\n                        offender be a body corporate that body corporate shall \r\n                        be liable on summary conviction for a second or \r\n                        subsequent offence to a fine of five hundred pounds.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) Every such \r\n                        promissory note or other contract in respect of which an \r\n                        offence has been committed under this section shall, \r\n                        subject to the provisions of section 23, be void and \r\n                        unenforceable.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 27—Protection \r\n                        of Lenders Against Frivolous and Vexatious Actions.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) In any civil \r\n                        proceedings in which a borrower pleads any of the \r\n                        provisions of this Ordinance (whether in any plaint, \r\n                        defence, or other pleading, or in any affidavit or \r\n                        application for the purpose of obtaining leave to defend \r\n                        any action) if the Court is satisfied that such plea was \r\n                        not made in good faith, but was made for the purpose of \r\n                        delaying or harassing the moneylender, the Court may, in \r\n                        addition to any penalties incurred under any other law, \r\n                        order such borrower to pay for the benefit of the \r\n                        moneylender a sum not exceeding five pounds by way of \r\n                        compensation and the costs incurred by the moneylender \r\n                        in the proceeding to such an amount as shall be \r\n                        determined by the Court, and every such sum so ordered \r\n                        to be paid shall be added to the amount of the judgment \r\n                        recoverable by the moneylender.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2) In any criminal \r\n                        proceeding instituted against a moneylender for a breach \r\n                        of any provision of this Ordinance, if the Court is \r\n                        satisfied that the charge was made maliciously, \r\n                        frivolously, or vexatiously, it may direct that a sum \r\n                        not exceeding five pounds by way of compensation and the \r\n                        costs of the accused to such an amount as shall be \r\n                        determined by the Court shall be paid by the informer or \r\n                        complainant, and any amount so ordered to be paid shall \r\n                        be recoverable for the benefit of the accused in the \r\n                        same manner as a fine imposed by the Court.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 28—Common \r\n                        Informers Compounding Information.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">If any person lays a \r\n                        complaint for an offence alleged to have been committed \r\n                        against this Ordinance by which he was not personally \r\n                        aggrieved, and afterwards directly or indirectly \r\n                        receives, without the permission of a Court, any sum of \r\n                        money or other reward for compounding, delaying, or \r\n                        withdrawing the complaint, he shall for such offence be \r\n                        liable to a fine not exceeding fifty pounds.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 29—Limitation \r\n                        of Time for Proceedings in Respect of Money Lent by \r\n                        Moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">No proceedings shall \r\n                        lie for the recovery by a moneylender of any money lent \r\n                        by him after the commencement of this Ordinance, or of \r\n                        any interest in respect thereof, or for the enforcement \r\n                        of any agreement made or security taken after the \r\n                        commencement of this Ordinance in respect of any loan \r\n                        made by him, unless the proceedings are commenced before \r\n                        the expiration of twelve months from the date on which \r\n                        the cause of action accrued:</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Provided that —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(a) if during the \r\n                        period of twelve months aforesaid or at any time within \r\n                        any subsequent period during which proceedings may by \r\n                        virtue of this proviso be brought, the debtor \r\n                        acknowledges in writing the amount due and gives a \r\n                        written undertaking to the moneylender to pay that \r\n                        amount, proceedings for the recovery of the amount due \r\n                        may be brought at any time within a period of twelve \r\n                        months from the date of the acknowledgment and \r\n                        undertaking;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(b) the time limited by \r\n                        the foregoing provisions of&nbsp; this section for the \r\n                        commencement of proceedings shall not begin to run in \r\n                        respect of any payments from time to time becoming due \r\n                        to a moneylender under a contract for the loan of money \r\n                        until a cause of action accrues in respect of the last \r\n                        payment becoming due under the contract;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(c) if at the date on \r\n                        which the cause of action accrues or on which any such \r\n                        acknowledgment and undertaking as aforesaid is given by \r\n                        the debtor, the person entitled to take the proceedings \r\n                        is non compos mentis, the time limited by the foregoing \r\n                        provisions of this section for the commencement of \r\n                        proceedings shall not begin to run until that person \r\n                        ceases to be non compos mentis or dies, whichever first \r\n                        occurs; and</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(d) if at the date on \r\n                        which the cause of action accrues or on which any such \r\n                        acknowledgment and undertaking as aforesaid is given by \r\n                        the debtor, the debtor is not in the Gold Coast, the \r\n                        time limited by the foregoing provisions of this section \r\n                        for the commencement of proceedings shall not begin to \r\n                        run until he returns to the Gold Coast.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Section 30—Power of \r\n                        Governing in Council to make Regulations.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">The Governor in Council \r\n                        may make regulations —</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(1) Prescribing the \r\n                        procedure to be followed in making applications for \r\n                        certificates.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(2)&nbsp; Prescribing the \r\n                        form of notices to be given of intention to make \r\n                        application for certificates.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(3)&nbsp; Prescribing the \r\n                        form of the certificate.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(4) Prescribing the \r\n                        form of moneylender''s licence.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(5)&nbsp; Regulating the \r\n                        issue of licences to moneylenders.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(6) Establishing a \r\n                        Registry Office for the registration of licences issued \r\n                        under the Ordinance.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(7) Appointing a \r\n                        Registrar of Moneylenders and such assistants to the \r\n                        Registrar as may be necessary.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(8) Providing for the \r\n                        supply of information to the Registrar of Moneylenders \r\n                        relating to the issue, suspension and cancellation of \r\n                        licences and the disqualification of any person from&nbsp; \r\n                        holding a licence.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(9)&nbsp; Providing for the \r\n                        supply to any person of an extract of any particulars \r\n                        registered in the Registry and prescribing the fees to \r\n                        be paid therefor.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(10) Generally for the \r\n                        better carrying into effect of&nbsp; the purposes of this \r\n                        Ordinance.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">SCHEDULES.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">SCHEDULE A.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;(Sections 16 and \r\n                        21(3).)</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">CALCULATION OF INTEREST \r\n                        WHERE THE INTEREST CHARGED ON A LOAN IS NOT EXPRESSED IN \r\n                        TERMS OF A RATE.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">1. The amount of \r\n                        principal outstanding at any time shall be taken to be \r\n                        the balance remaining after deducting from the principal \r\n                        the total of the portions of any payments appropriated \r\n                        to principal in accordance with the provisions of this \r\n                        Ordinance.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">2. The several amounts \r\n                        taken to be outstanding by way of principal during the \r\n                        several periods ending on dates on which payments are \r\n                        made, shall be multiplied in each case by the number of \r\n                        calendar months during which those amounts are taken to \r\n                        be respectively outstanding, and there shall be \r\n                        ascertained the aggregate amount of the sum so produced.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">3. The total amount of \r\n                        the interest shall be divided by one-twelfth part of the \r\n                        aggregate amount mentioned in paragraph 2 of this \r\n                        Schedule, and the quotient, multiplied by one hundred, \r\n                        shall be taken to be the rate of interest per centum per \r\n                        annum.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">4. If having regard to \r\n                        the intervals between successive payments it is desired \r\n                        so to do, the calculation of interest may be made by \r\n                        reference to weeks instead of months, and in such case \r\n                        the foregoing paragraph shall have effect as though in \r\n                        paragraph 2 the word &quot;weeks&quot; were substituted for the \r\n                        words &quot;calendar months&quot;, and in paragraph 3 the words \r\n                        &quot;one-fifty-second&quot; were substituted for the words \r\n                        &quot;one-twelfth.&quot;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">5. Where any interval \r\n                        between successive payments is not a number of complete \r\n                        weeks or complete months, the foregoing paragraphs shall \r\n                        have effect as though one day were one-seventh part of a \r\n                        week or one-thirtieth part of a month, as the case may \r\n                        be.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">SCHEDULE B.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(Sections 16 and \r\n                        21(3).)</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Formula to be used to \r\n                        find the rate per centum per annum where no rate is \r\n                        stated, and repayment is to be made by equal instalments \r\n                        at equal intervals of time.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">100 x I x 24</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">N + I x P x L</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Where I = Total \r\n                        interest repayable</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">N = Number of \r\n                        instalments</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">P = Principal</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">L = Number of calendar \r\n                        months in the intervals between instalments.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">SCHEDULE C.</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">(Section 20).</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;TABLE 1.—PRINCIPAL AND \r\n                        INTEREST—SUBSECTION 1 (a).</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Principal.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date \r\n                        lent.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rate per cent per annum or the amount of \r\n                        interest.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;&nbsp; £</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">1.&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;s.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d.&nbsp;&nbsp;&nbsp;&nbsp; \r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">TABLE \r\n                        2—REPAYMENT—SUBSECTION 1 (b).</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Amount repaid.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n                        Amount of Interest paid.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date due.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>\r\n                        </p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp; £</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">1. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;s.&nbsp;&nbsp;&nbsp; &nbsp; \r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;£&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; s.&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n                        &nbsp;&nbsp;&nbsp;d.&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">TABLE 3—AMOUNT OF \r\n                        ARREARS—SUBSECTION 1 (c).</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Principal.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date \r\n                        Due.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date due.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>\r\n                        </p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp; £</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp; s.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; \r\n                        d.&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;£ &nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;s.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; \r\n                        d.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">TABLE 4—SUMS NOT YET \r\n                        DUE—SUBSECTION 1 (d).</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">Principal.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date \r\n                        due.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Date due.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>\r\n                        </p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;&nbsp; £</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">1. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;s.&nbsp;&nbsp;&nbsp; &nbsp; \r\n                        &nbsp;&nbsp;&nbsp;d.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; £&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp; s.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp; \r\n                        d.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">\r\n                        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                        </span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">ssity of a writing by \r\n                        the operat</span></p>\r\n                        <p class="MsoNormal" style="text-align: justify">\r\n                        <span style="font-family: Arial">&nbsp;</span></p>\r\n                        <p align="center">\r\n                        &nbsp;</td>\r\n                      </tr>\r\n                    </table>\r\n                    </td>\r\n                </tr>\r\n                <tr>\r\n                                            <td vAlign="top" align="left" width="728" height="64">\r\n                                              <p>&nbsp;</td>\r\n                </tr>\r\n              </tbody>\r\n            </table>\r\n', 'First', 'Yes', 'CAP 176');
INSERT INTO `actsofghana` (`id`, `title`, `content`, `republic`, `isshow`, `actname`) VALUES
(70, 'MOTOR VEHICLES (THIRD PARTY \n                                              INSURANCE) ACT, 1958 (NO. 42 OF \n                                              58)', '<table>\r\n<tr>\r\n                                            <td vAlign="top" align="left" width="1354" height="64">\r\n                                              <p class="MsoNormal">&nbsp;</p>\r\n                                              <p class="MsoNormal" align="center">\r\n                                              <span style="font-family: Arial; font-weight: 700">\r\n                                              MOTOR VEHICLES (THIRD PARTY \r\n                                              INSURANCE) ACT, 1958 (NO. 42 OF \r\n                                              58)</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              As amended</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARRANGEMENT OF SECTIONS</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. Short title and commencement.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. Interpretation.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              3. Users of motor vehicles to be \r\n                                              insured against third party risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              4. Limitation of time for \r\n                                              proceedings.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              5. Exemptions.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              6. Requirements in respect of \r\n                                              policies.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              7. Requirements in respect of \r\n                                              securities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              8. Certain conditions to policies \r\n                                              or securities to be of no effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              9. Avoidance of restrictions on \r\n                                              the scope of policies covering \r\n                                              third party risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              10. Duty of insurers to satisfy \r\n                                              judgments against persons insured \r\n                                              in respect of third party risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              11. Rights of third parties \r\n                                              against insurers.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              12. Duty to give information to \r\n                                              third parties.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              13. Certain settlements between \r\n                                              insurer and insured to be of no \r\n                                              effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              14. Bankruptcy, etc., of insured \r\n                                              persons not to affect certain \r\n                                              claims.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              15. Further rights of third \r\n                                              parties against insurers.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              16. Duty to surrender certificate \r\n                                              on cancellation of policy.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              17. Certificate to be produced.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              18. Duty of owner to give \r\n                                              information.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              19. Deposits.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              20. Offences.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              21. Application of Act to \r\n                                              securities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              22. General penalty.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              23. Power to make regulations.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              24. Repeal.</span></p>\r\n                                              <p class="MsoNormal" align="center">\r\n                                              <b></p>\r\n                                              <p class="MsoNormal" align="center">\r\n                                              <span style="font-family: Arial; font-weight: 700">\r\n                                              GHANA NO. 42 OF 1958 DATE OF \r\n                                              ASSENT</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Assented to in Her Majesty''s Name \r\n                                              and on Her Majesty''s behalf this \r\n                                              23rd day of December, 1958.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              LISTOWEL</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Governor-General.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              AN ACT to make provision for the \r\n                                              protection of third parties \r\n                                              against risks arising out of the \r\n                                              use of motor vehicles, and for \r\n                                              purposes incidental thereto.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Date of Commencement. [1st April, \r\n                                              1959.]</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              BE IT ENACTED by the Queen''s Most \r\n                                              Excellent Majesty, by and with the \r\n                                              advice and consent of the National \r\n                                              Assembly of Ghana in this present \r\n                                              Parliament assembled, and by the \r\n                                              authority of the same as follows:&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 1&#8212;Short Title and \r\n                                              Commencement.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              This Act may be cited as the Motor \r\n                                              Vehicles (Third Party Insurance) \r\n                                              Act, 1958 and shall come into \r\n                                              force on the first day of April, \r\n                                              1959.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 2&#8212;Interpretation.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) In this Act, unless the \r\n                                              context otherwise requires&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;company&quot; includes any company \r\n                                              registered or required to be \r\n                                              registered under the provisions of \r\n                                              the Companies Ordinance, any \r\n                                              corporation incorporated by law \r\n                                              and any firm or partnership;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;driving licence&quot; means a licence \r\n                                              to drive a motor vehicle granted \r\n                                              under the provisions of the Road \r\n                                              Traffic Ordinance, 1952;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;highway&quot; includes any roadway or \r\n                                              place to which the public lawfully \r\n                                              have free access;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;insurer&quot; and &quot;approved insurer&quot; \r\n                                              mean a person or body of persons \r\n                                              carrying on an insurance business \r\n                                              approved by the Minister;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;local authority&quot; means a council \r\n                                              established under the provisions \r\n                                              of the Local Government Ordinance \r\n                                              or the Municipal Councils \r\n                                              Ordinance, 1953 or any Act \r\n                                              amending either of the said \r\n                                              Ordinances;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;Minister&quot; means the Minister \r\n                                              responsible for the Interior;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;passenger vehicle&quot; means a motor \r\n                                              vehicle used for carrying \r\n                                              passengers for hire or reward;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;policy&quot; and &quot;policy of insurance&quot; \r\n                                              means a policy of insurance in \r\n                                              respect of third party risks \r\n                                              arising out of the use of motor \r\n                                              vehicles, being a policy which \r\n                                              complies with the provisions of \r\n                                              this Act, and includes a covering \r\n                                              note issued in respect of any such \r\n                                              policy;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;security&quot; means such security in \r\n                                              respect of third party risks \r\n                                              arising out of the use of motor \r\n                                              vehicles as complies with the \r\n                                              provisions of this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) If any word or expression used \r\n                                              in this Act is defined in the Road \r\n                                              Traffic Ordinance, 1952, such word \r\n                                              or expression, unless the context \r\n                                              otherwise requires, shall have in \r\n                                              this Act the meaning assigned to \r\n                                              it in the said Ordinance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) Any reference in this Act to \r\n                                              the expressions &quot;bankrupt&quot; or \r\n                                              &quot;bankruptcy&quot; in relation to a \r\n                                              person shall be construed as a \r\n                                              reference to any person who is \r\n                                              insolvent or has entered into a \r\n                                              composition or arrangement with \r\n                                              his creditors or who has been \r\n                                              adjudicated bankrupt under the \r\n                                              provisions of any enactment \r\n                                              relating to bankruptcy having \r\n                                              effect for the time being in \r\n                                              Ghana.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) Any reference in this Act to \r\n                                              the use of a motor vehicle shall \r\n                                              be construed as referring only to \r\n                                              the use thereof on any highway as \r\n                                              defined in this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 3&#8212;Users of Motor Vehicles \r\n                                              to be Insured Against Third Party \r\n                                              Risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &nbsp;(1) Subject to the provisions of \r\n                                              this Act no person shall use, or \r\n                                              cause or permit any other person \r\n                                              to use, a motor vehicle unless \r\n                                              there is in force in relation to \r\n                                              the user of that motor vehicle by \r\n                                              such person or such other person, \r\n                                              as the case may be, such a policy \r\n                                              of insurance or such security in \r\n                                              respect of third party risks as \r\n                                              complies with the provisions of \r\n                                              this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Any person acting in \r\n                                              contravention of this section \r\n                                              shall be liable on conviction to a \r\n                                              fine not exceeding two hundred \r\n                                              pounds or to imprisonment for one \r\n                                              year or to both such fine and \r\n                                              imprisonment and a person \r\n                                              convicted of an offence under this \r\n                                              section shall be disqualified from \r\n                                              holding or obtaining a driving \r\n                                              licence.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) A disqualification under the \r\n                                              provisions of subsection (2), \r\n                                              unless the court for special \r\n                                              reasons to be recorded otherwise \r\n                                              orders, shall be for a minimum \r\n                                              period of twelve months from the \r\n                                              date of the conviction, and any \r\n                                              person so disqualified from \r\n                                              holding or obtaining a driving \r\n                                              licence under the provisions of \r\n                                              this section shall be deemed to be \r\n                                              so disqualified under the \r\n                                              provisions of the Road Traffic \r\n                                              Ordinance, 1952.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 4&#8212;Limitation of Time for \r\n                                              Proceedings.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Notwithstanding the provisions of \r\n                                              any written law which prescribes a \r\n                                              time within which proceedings may \r\n                                              be brought before a court, \r\n                                              proceedings in respect of an \r\n                                              offence under section 3 may be \r\n                                              instituted&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) within a period of six months \r\n                                              from the date of the commission of \r\n                                              the alleged offence; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) within a period which exceeds \r\n                                              neither six months from the date \r\n                                              on which it came to the knowledge \r\n                                              of the prosecutor that the offence \r\n                                              had been committed, nor one year \r\n                                              from the date of the commission of \r\n                                              the offence,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              whichever period is the longer.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 5&#8212;Exemptions.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The provisions of section 3 shall \r\n                                              not apply&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) to the user of a motor vehicle \r\n                                              owned by or exclusively employed \r\n                                              in the service of the Government \r\n                                              while such motor vehicle is being \r\n                                              used for the purposes of the \r\n                                              Government; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) to the user of a motor vehicle \r\n                                              other than a passenger vehicle \r\n                                              owned by a person who has \r\n                                              deposited and keeps deposited with \r\n                                              the Accountant-General the sum of \r\n                                              five thousand pounds in respect of \r\n                                              such motor vehicle at any time \r\n                                              when such motor vehicle is being \r\n                                              driven by the owner or by a \r\n                                              servant of the owner in the course \r\n                                              of his employment; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) to the user of a motor vehicle \r\n                                              at any time when it is driven for \r\n                                              police purposes by or under the \r\n                                              direction of a superior police \r\n                                              officer as defined in the Police \r\n                                              Force Ordinance; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Cap 37</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) to any person or class of \r\n                                              persons declared by the \r\n                                              Governor-General to be exempted \r\n                                              from the the provisions of this \r\n                                              Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e) to any motor vehicle or type \r\n                                              of motor vehicle declared by the \r\n                                              Governor-General to be exempted \r\n                                              from the provisions of this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 6&#8212;Requirements in Respect \r\n                                              of Policies.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) A policy of insurance for the \r\n                                              purposes of this Act must be a \r\n                                              policy which &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) is issued by an insurer \r\n                                              approved by the Minister; and</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) insures such persons or \r\n                                              classes of person as may be \r\n                                              specified in the policy in respect \r\n                                              of any liability which may be \r\n                                              incurred by him or them in respect \r\n                                              of the death of or bodily injury \r\n                                              to any person caused by or arising \r\n                                              out of the use of a motor vehicle \r\n                                              covered by the policy:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that such policy shall \r\n                                              not be required to cover&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) liability in respect of the \r\n                                              death arising out of and in the \r\n                                              course of his employment of a \r\n                                              person in the employment of a \r\n                                              person insured by the policy or of \r\n                                              bodily injury sustained by such a \r\n                                              person arising out of and in the \r\n                                              course of his employment; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) save in the case of a \r\n                                              passenger vehicle or where persons \r\n                                              are carried by reason of or in \r\n                                              pursuance of a contract of \r\n                                              employment, liability in respect \r\n                                              of the death of or bodily injury \r\n                                              to persons being carried in or \r\n                                              upon or entering or getting on to \r\n                                              or alighting from a motor vehicle \r\n                                              at the time of the occurrence of \r\n                                              the event out of which the claims \r\n                                              arise; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) any contractual liability.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Where any payment is made, \r\n                                              whether or not with an admission \r\n                                              of liability, by &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) an insurer under or in \r\n                                              consequence of a policy issued \r\n                                              under the provisions of this Act; \r\n                                              or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) the owner of a motor vehicle \r\n                                              in relation to the user of which a \r\n                                              security under section 7 is in \r\n                                              force; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) the owner of a motor vehicle \r\n                                              who has made a deposit under \r\n                                              section 5,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              in respect of the death of or \r\n                                              bodily injury to any person \r\n                                              arising out of the use of a motor \r\n                                              vehicle and the person who has so \r\n                                              died or received bodily injury has \r\n                                              to the knowledge of the insurer or \r\n                                              such owner, as the case may be, \r\n                                              received treatment at a hospital, \r\n                                              whether as an in-patient or an \r\n                                              out-patient, in respect of the \r\n                                              injury so arising there shall be \r\n                                              also paid by the insurer or such \r\n                                              owner to such hospital the \r\n                                              expenses reasonably incurred by \r\n                                              such hospital in giving such \r\n                                              treatment after deducting any \r\n                                              money actually received by such \r\n                                              hospital in payment of a specific \r\n                                              charge for treatment:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that the amount to be \r\n                                              paid by the approved insurer or \r\n                                              the owner shall not exceed fifty \r\n                                              pounds for each person so treated \r\n                                              as an in-patient and five pounds \r\n                                              for each person so treated as an \r\n                                              out-patient.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) [Repealed by Contracts Act, \r\n                                              1960 (Act 25), s.18]</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Certificate of Insurance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) A policy shall be of no effect \r\n                                              for the purposes of this Act \r\n                                              unless and until there is issued \r\n                                              by the insurer to the person by \r\n                                              whom the policy is effected a \r\n                                              certificate, in this Act referred \r\n                                              to as a certificate of insurance, \r\n                                              in the prescribed form and \r\n                                              containing such particulars of any \r\n                                              conditions subject to which the \r\n                                              policy is issued and of such other \r\n                                              matters as may be prescribed.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 7&#8212;Requirements in Respect \r\n                                              of Securities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) For the purposes of this Act a \r\n                                              security must &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) be given either by an insurer \r\n                                              approved by the Minister or by a \r\n                                              person, company or body of persons \r\n                                              approved by the Minister carrying \r\n                                              on the business of giving \r\n                                              securities of a like kind; and</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) consist of an undertaking by \r\n                                              the giver of the security to make \r\n                                              good, subject to any conditions \r\n                                              contained therein, any failure by \r\n                                              the owner of any passenger or \r\n                                              other motor vehicle or such other \r\n                                              persons or classes of person as \r\n                                              may be specified in the security \r\n                                              duly to discharge any such \r\n                                              liability as is required to be \r\n                                              covered by a policy of insurance \r\n                                              issued under the provisions of \r\n                                              this Act which may be incurred by \r\n                                              him or them, and such security \r\n                                              shall in the case of an \r\n                                              undertaking relating to the use of \r\n                                              a passenger vehicle be up to an \r\n                                              amount of not less than \r\n                                              twenty-five thousand pounds and in \r\n                                              other case of not less than five \r\n                                              thousand pounds.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) A security shall be of no \r\n                                              effect for the purposes of this \r\n                                              Act unless and until there is \r\n                                              issued by the person giving the \r\n                                              security to the person to whom it \r\n                                              is given a certificate, in this \r\n                                              Act referred to as a certificate \r\n                                              of security, in the prescribed \r\n                                              form and containing such \r\n                                              particulars of any conditions \r\n                                              subject to which the security is \r\n                                              issued and of such other matters \r\n                                              as may be prescribed.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 8&#8212;Certain Conditions in \r\n                                              Policies or Securities to be of no \r\n                                              Effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Any condition in a policy or \r\n                                              security issued or given for the \r\n                                              purposes of this Act providing \r\n                                              that no liability shall arise \r\n                                              under the policy or security, or \r\n                                              that any liability so arising \r\n                                              shall cease in the event of some \r\n                                              specified thing being done or \r\n                                              omitted to be done after the \r\n                                              happening of the event giving rise \r\n                                              to a claim under the policy or \r\n                                              security, shall be of no effect in \r\n                                              connection with such claims as are \r\n                                              set out in paragraph (b) of \r\n                                              subsection (1) of section 6:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that nothing in this \r\n                                              section shall be so construed as \r\n                                              to render void any provision in a \r\n                                              policy or security requiring the \r\n                                              person insured or secured to repay \r\n                                              to the insurer or the giver of the \r\n                                              security any sums which the \r\n                                              insurer or the giver of the \r\n                                              security may have become liable to \r\n                                              pay under the policy or the \r\n                                              security and which have been \r\n                                              applied to the satisfaction of the \r\n                                              claims of third parties.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 9&#8212;Avoidance of \r\n                                              Restrictions on the Scope of \r\n                                              Policies Covering Third Party \r\n                                              Risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where a certificate of insurance \r\n                                              has been delivered under the \r\n                                              provisions of subsection (4) of \r\n                                              section 6 to the person by whom a \r\n                                              policy has been effected so much \r\n                                              of the policy as purports to \r\n                                              restrict the insurance of the \r\n                                              person insured thereby in respect \r\n                                              of any of the following matters &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) the age or physical or mental \r\n                                              condition of persons driving the \r\n                                              motor vehicle; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) the condition of the motor \r\n                                              vehicle; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) the number of persons that the \r\n                                              motor vehicle carries; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) the weight or physical \r\n                                              characteristics of the goods that \r\n                                              the motor vehicle carries; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e) the times at which or the \r\n                                              areas within which the motor \r\n                                              vehicle is used; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (f) the horsepower or value of the \r\n                                              motor vehicle; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (g) the carrying on the motor \r\n                                              vehicle of any particular \r\n                                              apparatus; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (h) the carrying on the motor \r\n                                              vehicle of any particular means of \r\n                                              identification other than any \r\n                                              means of identification required \r\n                                              to be carried under the provisions \r\n                                              of the Road Traffic Ordinance, \r\n                                              1952,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              shall, in respect of such \r\n                                              liabilities as are required to be \r\n                                              covered by a policy under \r\n                                              paragraph (b) of subsection (1) of \r\n                                              section 6, be of no effect:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that nothing in this \r\n                                              section shall require an insurer \r\n                                              to pay any sum in respect of the \r\n                                              liability of any person otherwise \r\n                                              than in or towards the discharge \r\n                                              of that liability and any sum paid \r\n                                              by an insurer in or towards the \r\n                                              discharge of the liability of any \r\n                                              person which is covered by the \r\n                                              policy by virtue only of this \r\n                                              section shall be recoverable by \r\n                                              the insurer from that person.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 10&#8212;Duty of Insurers to \r\n                                              Satisfy Judgments Against Persons \r\n                                              Insured in Respect of Third Party \r\n                                              Risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) If after a certificate of \r\n                                              insurance has been delivered under \r\n                                              the provisions of subsection (4) \r\n                                              of section 6 to the person by whom \r\n                                              a policy has been effected \r\n                                              judgment in respect of any such \r\n                                              liability as is required to be \r\n                                              covered by a policy issued under \r\n                                              the provisions of paragraph (b) of \r\n                                              subsection (1) of section 6, being \r\n                                              a liability covered by the terms \r\n                                              of the policy, is obtained against \r\n                                              any person insured by the policy \r\n                                              then, notwithstanding that the \r\n                                              insurer may be entitled to avoid \r\n                                              or cancel or may have avoided or \r\n                                              cancelled the policy, the insurer \r\n                                              shall, subject to the provisions \r\n                                              of this section, pay to the \r\n                                              persons entitled to the benefit of \r\n                                              such judgment any sum payable \r\n                                              thereunder in respect of the \r\n                                              liability including any sum \r\n                                              payable in respect of costs and \r\n                                              any sums payable by virtue of any \r\n                                              written law in respect of interest \r\n                                              on that sum or judgment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) No sum shall be payable by an \r\n                                              insurer under the provisions of \r\n                                              subsection (1) &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) in respect of any judgment \r\n                                              unless before or within fourteen \r\n                                              days after the commencement of the \r\n                                              proceedings in which the judgment \r\n                                              was given the insurer had notice \r\n                                              of the bringing of the \r\n                                              proceedings; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) in respect of any judgment so \r\n                                              long as execution thereon is \r\n                                              stayed pending an appeal; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) in connection with any \r\n                                              liability if before the happening \r\n                                              of the event, which was the cause \r\n                                              of the death or bodily injury \r\n                                              giving rise to the liability, the \r\n                                              policy was cancelled by mutual \r\n                                              consent or by virtue of any \r\n                                              provision contained therein and \r\n                                              either &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              before the happening of such event \r\n                                              the certificate of insurance was \r\n                                              surrendered to the insurer, or the \r\n                                              person to whom the certificate of \r\n                                              insurance was delivered made a \r\n                                              statutory declaration stating that \r\n                                              the certificate of insurance had \r\n                                              been lost or destroyed and so \r\n                                              could not be surrendered; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) after the happening of such \r\n                                              event but before the expiration of \r\n                                              fourteen days from the taking \r\n                                              effect of the cancellation of the \r\n                                              policy the certificate of \r\n                                              insurance was surrendered to the \r\n                                              insurer, or the person to whom the \r\n                                              certificate of insurance was \r\n                                              delivered made a statutory \r\n                                              declaration that the certificate \r\n                                              of insurance had been lost or \r\n                                              destroyed and so could not be \r\n                                              surrendered; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) either before or after the \r\n                                              happening of the event or within a \r\n                                              period of fourteen days from the \r\n                                              taking effect of the cancellation \r\n                                              of the policy the insurer had \r\n                                              commenced&nbsp; proceedings under this \r\n                                              Act in respect of the failure to \r\n                                              surrender the certificate of \r\n                                              insurance. </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) No sum shall be payable by an \r\n                                              insurer under the provisions of \r\n                                              this section if in an action \r\n                                              commenced before or within three \r\n                                              months after the commencement of \r\n                                              the proceedings in which the \r\n                                              judgment was given he has obtained \r\n                                              a declaration that apart from any \r\n                                              provision contained in the policy, \r\n                                              he is entitled to avoid it on the \r\n                                              ground that it was obtained by the \r\n                                              non-disclosure of a material fact \r\n                                              or by a representation of fact \r\n                                              which was false in a material \r\n                                              particular or if he has avoided \r\n                                              the policy on the ground that he \r\n                                              was entitled to do so apart from \r\n                                              any provision contained in it:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that an insurer who has \r\n                                              obtained such a declaration in an \r\n                                              action shall not thereby be \r\n                                              entitled to the benefit of the \r\n                                              provisions of this subsection in \r\n                                              respect of any judgment obtained \r\n                                              in any proceedings commenced \r\n                                              before the commencement of that \r\n                                              action unless before or within \r\n                                              seven days after the commencement \r\n                                              of that action he has given notice \r\n                                              thereof to the person who is \r\n                                              plaintiff in the action under the \r\n                                              policy specifying the \r\n                                              non-disclosure or false \r\n                                              representation on which he \r\n                                              proposes to rely and that he \r\n                                              intends to seek a declaration and \r\n                                              any person to whom notice of such \r\n                                              action is given may, if he \r\n                                              desires, be made a party thereto.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) If the amount which an insurer \r\n                                              under the provisions of this \r\n                                              section becomes liable to pay in \r\n                                              respect of the liability of a \r\n                                              person insured by a policy exceeds \r\n                                              the amount for which he would, \r\n                                              apart from the provisions of this \r\n                                              section, be liable to pay under \r\n                                              the policy in respect of that \r\n                                              liability he shall be entitled to \r\n                                              recover the excess from that \r\n                                              person.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) In this section&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;liability covered by the terms of \r\n                                              the policy&quot; means a liability \r\n                                              which is covered by the policy or \r\n                                              which would be so covered were it \r\n                                              not that the insurer is entitled \r\n                                              to avoid or cancel or has avoided \r\n                                              or cancelled the policy; and</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;material&quot; means of such a nature \r\n                                              as to influence the judgment of a \r\n                                              prudent insurer in determining \r\n                                              whether he will accept the risk \r\n                                              and if so, at what premium and on \r\n                                              what conditions.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 11&#8212;Rights of Third Parties \r\n                                              against Insurers.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) Where under a policy issued \r\n                                              for the purposes of this Act a \r\n                                              person, hereinafter referred to as \r\n                                              the insured, is insured against \r\n                                              liabilities to third parties which \r\n                                              he may incur, then &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) in the event of the insured \r\n                                              becoming bankrupt or making a \r\n                                              composition or arrangement with \r\n                                              his creditors; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) in the event of the insured \r\n                                              being a company and a winding-up \r\n                                              order being made or a resolution \r\n                                              for the voluntary winding-up of \r\n                                              the company being passed in \r\n                                              respect of the company or a \r\n                                              receiver or manager of the \r\n                                              company''s business or undertaking \r\n                                              being duly appointed or in the \r\n                                              event of possession being taken by \r\n                                              or on behalf of the holders of any \r\n                                              debentures secured by a floating \r\n                                              charge, or any property comprised \r\n                                              in or subject to the change,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              if either before or after either \r\n                                              event any such liability is \r\n                                              incurred by the insured his rights \r\n                                              against the insurer under the \r\n                                              policy in respect of that \r\n                                              liability shall, notwithstanding \r\n                                              anything in any written law to the \r\n                                              contrary contained, be transferred \r\n                                              to and vest in the third party to \r\n                                              whom the liability was so \r\n                                              incurred. </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Where under the provisions of \r\n                                              any law an order is made for the \r\n                                              administration in bankruptcy of \r\n                                              the estate of a deceased debtor \r\n                                              then if any debt, which may be \r\n                                              proved in bankruptcy, is owing by \r\n                                              the deceased in respect of a \r\n                                              liability against which he was \r\n                                              insured under a policy issued for \r\n                                              the purposes of this Act as being \r\n                                              a liability to a third party then \r\n                                              the rights of the deceased debtor \r\n                                              against the insurer under that \r\n                                              policy shall, notwithstanding \r\n                                              anything in any law to the \r\n                                              contrary contained, be transferred \r\n                                              to and vest in the person to whom \r\n                                              the debt is owing.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) Any condition in a policy \r\n                                              issued for the purposes of this \r\n                                              Act purporting directly or \r\n                                              indirectly to avoid the policy or \r\n                                              to alter the rights of the parties \r\n                                              thereunder upon the happening of \r\n                                              any of the events specified in \r\n                                              subsections (1) and (2) shall be \r\n                                              of no effect. </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) Upon a transfer of rights \r\n                                              under subsection (1) or subsection \r\n                                              (2) the insurer shall, subject to \r\n                                              the provisions of section 13, be \r\n                                              under the same liability to the \r\n                                              third party as he would have been \r\n                                              under to the insured save that &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) if the liability of the \r\n                                              insurer to the insured exceeds the \r\n                                              liability of the insured to the \r\n                                              third party nothing in this Act \r\n                                              shall affect the right of the \r\n                                              insured against the insurer in \r\n                                              respect of such excess; and</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) if the liability of the \r\n                                              insurer to the insured is less \r\n                                              than the liability of the insured \r\n                                              to the third party nothing in this \r\n                                              Act shall affect the rights of the \r\n                                              third party against the insured in \r\n                                              respect of the balance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) The provisions of this section \r\n                                              and of sections 12 and 13 shall \r\n                                              not apply&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) where a company is wound up \r\n                                              voluntarily merely for the \r\n                                              purposes of reconstruction or of \r\n                                              amalgamation with another company; \r\n                                              or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Cap 94.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) to any case to which the \r\n                                              provisions of section 26 of the \r\n                                              Workmen''s Compensation Ordinance \r\n                                              applies.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (6) For the purposes of this \r\n                                              section and of sections 12 and 13 \r\n                                              the expression &quot;liabilities to \r\n                                              third parties&quot; in relation to a \r\n                                              person insured under a policy of \r\n                                              insurance shall not include any \r\n                                              liability of that person in the \r\n                                              capacity of insurer under some \r\n                                              other policy of insurance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 12&#8212;Duty to Give \r\n                                              Information to Third Parties.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) Any person against whom a \r\n                                              claim is made in respect of any \r\n                                              liability required to be covered \r\n                                              by a policy under the provisions \r\n                                              of this Act shall on demand by or \r\n                                              on behalf of the person making \r\n                                              such claim state whether or not he \r\n                                              was insured in respect of that \r\n                                              liability by any policy having \r\n                                              effect for the purposes of this \r\n                                              Act or would have been so insured \r\n                                              if the insurer had not cancelled \r\n                                              or avoided the policy and, if he \r\n                                              were or would have been so \r\n                                              insured, give such particulars \r\n                                              with regard to that policy as were \r\n                                              specified in the certificate of \r\n                                              insurance issued to him in respect \r\n                                              thereof.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) In the event of any person \r\n                                              becoming bankrupt or making a \r\n                                              composition or arrangement with \r\n                                              his creditors or in the event of \r\n                                              an order being made under the \r\n                                              provisions of any law relating to \r\n                                              bankruptcy in respect of the \r\n                                              estate of any person or in the \r\n                                              case of a winding-up order being \r\n                                              made or a resolution for a \r\n                                              voluntary winding-up being passed \r\n                                              with respect to any company or of \r\n                                              a receiver or manager of the \r\n                                              company''s business or undertaking \r\n                                              being duly appointed or of \r\n                                              possession being taken, by or on \r\n                                              behalf of the holders of any \r\n                                              debentures secured by a floating \r\n                                              charge, of any property comprised \r\n                                              in or subject to the charge, it \r\n                                              shall be the duty of the bankrupt \r\n                                              debtor, personal representative of \r\n                                              the deceased debtor and, as the \r\n                                              case may be, of the official \r\n                                              assignee, trustee, liquidator, \r\n                                              receiver, manager or person in \r\n                                              possession of the property to give \r\n                                              at the request of any person \r\n                                              claiming in respect of a liability \r\n                                              to him such information as may \r\n                                              reasonably be required to \r\n                                              ascertain whether any rights have \r\n                                              been transferred to and vested in \r\n                                              him under the provisions of this \r\n                                              Act, and for the purpose of \r\n                                              enforcing such rights, and any \r\n                                              contract of insurance in so far as \r\n                                              it purports either directly or \r\n                                              indirectly to avoid the contract \r\n                                              or to alter the rights of the \r\n                                              parties thereunder upon the giving \r\n                                              of any such information or \r\n                                              otherwise to prohibit, prevent or \r\n                                              limit the giving of such \r\n                                              information shall be of no effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) If the information given to \r\n                                              any person in pursuance of the \r\n                                              provisions of subsection (2) \r\n                                              discloses reasonable grounds of \r\n                                              belief that rights have or may \r\n                                              have been transferred to him under \r\n                                              the provisions of this Act against \r\n                                              any particular insurer that \r\n                                              insurer shall be subject to the \r\n                                              same duty as is imposed by \r\n                                              subsection (2) on the persons \r\n                                              therein mentioned.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) The duty imposed by this \r\n                                              section to give information shall \r\n                                              include a duty to allow all \r\n                                              contracts of insurance, receipts \r\n                                              for premiums and other relevant \r\n                                              documents in the possession, power \r\n                                              or control of the persons on whom \r\n                                              the duty is so imposed to be \r\n                                              inspected and copies thereof to be \r\n                                              taken.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) Any person who, without \r\n                                              reasonable excuse, the onus of \r\n                                              proving which shall be upon him, \r\n                                              fails to comply with the \r\n                                              provisions of this section or who \r\n                                              wilfully or negligently makes any \r\n                                              false or misleading statement in \r\n                                              reply to a demand for information, \r\n                                              shall be guilty of an offence \r\n                                              against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 13&#8212;Certain Settlements \r\n                                              Between Insurer and Insured to be \r\n                                              of No Effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where a person who is insured \r\n                                              under a policy issued for the \r\n                                              purposes of this Act has become \r\n                                              bankrupt or where such insured \r\n                                              person being a company a \r\n                                              winding-up order has been made or \r\n                                              a resolution for a voluntary \r\n                                              winding-up has been passed with \r\n                                              respect to that company, no \r\n                                              agreement made between the insurer \r\n                                              and the insured after liability \r\n                                              has been incurred to a third party \r\n                                              and after the commencement of the \r\n                                              bankruptcy or the winding-up, as \r\n                                              the case may be, nor any waiver, \r\n                                              assignment or other disposition \r\n                                              made by or payment made to the \r\n                                              insured after such commencement \r\n                                              shall be effective to defeat or \r\n                                              affect the rights transferred to \r\n                                              or vested in the third party under \r\n                                              the provisions of this Act and \r\n                                              such rights shall be the same as \r\n                                              if no such agreement, waiver, \r\n                                              assignment, disposition or payment \r\n                                              had been made.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 14&#8212;Bankruptcy, Etc., of \r\n                                              Insured Persons not to Affect \r\n                                              Certain Claims.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where under the provisions of this \r\n                                              Act a certificate of insurance has \r\n                                              been delivered to the person by \r\n                                              whom a policy has been effected \r\n                                              the happening in relation to any \r\n                                              person insured by the policy of \r\n                                              any of the events specified in \r\n                                              subsection (1) or subsection (2) \r\n                                              of section 11, notwithstanding \r\n                                              anything in this Act contained, \r\n                                              shall not affect any such \r\n                                              liability of that person as is \r\n                                              required to be covered by a policy \r\n                                              under the provisions of this Act, \r\n                                              and nothing in this section shall \r\n                                              affect any rights against the \r\n                                              insurer conferred under the \r\n                                              provisions of sections 11, 12 and \r\n                                              13 on the person to whom the \r\n                                              liability was incurred.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 15&#8212;Further Rights of Third \r\n                                              Parties Against Insurers.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) No settlement made by an \r\n                                              insurer in respect of any claim \r\n                                              which might be made by a third \r\n                                              party in respect of any liability \r\n                                              as is required to be covered by a \r\n                                              policy issued under the provisions \r\n                                              of this Act shall be valid unless \r\n                                              such third party is a party to \r\n                                              such settlement.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) A policy issued under the \r\n                                              provisions of this Act shall \r\n                                              remain in force and available for \r\n                                              third parties notwithstanding the \r\n                                              death of any person insured under \r\n                                              such policy as if such insured \r\n                                              person were still alive.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 16&#8212;Duty to Surrender \r\n                                              Certificate on Cancellation of \r\n                                              Policy.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where a certificate of insurance \r\n                                              has been delivered under the \r\n                                              provisions of this Act to the \r\n                                              person by whom a policy has been \r\n                                              effected and the policy is \r\n                                              cancelled by mutual consent or by \r\n                                              virtue of any provision in the \r\n                                              policy, the person to whom such \r\n                                              certificate was delivered shall, \r\n                                              within seven days from the taking \r\n                                              effect of the cancellation of such \r\n                                              policy, surrender such certificate \r\n                                              to the insurer or if such \r\n                                              certificate has been lost or \r\n                                              destroyed make a statutory \r\n                                              declaration to that effect and any \r\n                                              person contravening the provisions \r\n                                              of this section shall be guilty of \r\n                                              an offence against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 17&#8212;Certificate to be \r\n                                              Produced.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) Any person driving a motor \r\n                                              vehicle on a highway shall, on \r\n                                              being so required by a police \r\n                                              officer, give his name and address \r\n                                              and the name and address of the \r\n                                              owner of the motor vehicle and \r\n                                              shall produce his certificate of \r\n                                              insurance and any person \r\n                                              contravening the provisions of \r\n                                              this subsection shall be guilty of \r\n                                              an offence against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) In any case where owing to the \r\n                                              presence of a motor vehicle on a \r\n                                              highway an accident occurs \r\n                                              involving bodily injury to any \r\n                                              person the driver of the motor \r\n                                              vehicle shall produce his \r\n                                              certificate of insurance to a \r\n                                              police officer or to any person \r\n                                              having reasonable grounds for \r\n                                              requiring its production and if \r\n                                              any such driver for any reason \r\n                                              fails so to produce his \r\n                                              certificate of insurance he shall \r\n                                              so soon as possible, and in any \r\n                                              case within twenty-four hours of \r\n                                              the occurrence, report the \r\n                                              accident and produce his \r\n                                              certificate of insurance to the \r\n                                              police station nearest to the \r\n                                              scene of the accident or to the \r\n                                              nearest administrative officer and \r\n                                              any person contravening the \r\n                                              provisions of this subsection \r\n                                              shall be guilty of an offence \r\n                                              against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) The provisions of this section \r\n                                              shall be in addition to and not in \r\n                                              derogation of the provisions of \r\n                                              section 23 of the Road Traffic \r\n                                              Ordinance, 1952.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) In this section &quot;to produce a \r\n                                              certificate of insurance&quot; means to \r\n                                              produce for examination the \r\n                                              relevant certificate of insurance \r\n                                              or certificate of security or such \r\n                                              other evidence as may be \r\n                                              prescribed that the motor vehicle \r\n                                              was not being driven in \r\n                                              contravention of the provisions of \r\n                                              this Act</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) In this section &quot;police \r\n                                              officer&quot; includes a member of the \r\n                                              Ghana Police Force, a member of a \r\n                                              police force established and \r\n                                              maintained by a local authority, \r\n                                              and an administrative officer.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 18&#8212;Duty of Owner to Give \r\n                                              Information.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              An owner of a motor vehicle shall \r\n                                              give such information as may be \r\n                                              required by a police officer for \r\n                                              the purpose of determining whether \r\n                                              the motor vehicle was or was not \r\n                                              being driven in contravention of \r\n                                              the provisions of this Act on any \r\n                                              occasion on which the driver was \r\n                                              required to produce his \r\n                                              certificate and any owner failing \r\n                                              so to do shall be guilty of an \r\n                                              offence against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 19&#8212;Deposits.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where a sum is deposited by any \r\n                                              person under the provisions of \r\n                                              section 5 or as a condition of \r\n                                              approval by the Minister under the \r\n                                              provisions of section 6 or section \r\n                                              7 neither that sum nor any part \r\n                                              thereof shall, so long as any \r\n                                              liability being a liability \r\n                                              required to be covered by a policy \r\n                                              of insurance under this Act which \r\n                                              has been incurred by such person \r\n                                              remains undischarged or otherwise \r\n                                              unprovided for, be applicable in \r\n                                              discharge of any other liabilities \r\n                                              incurred by such person.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 20&#8212;Offences.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) If any person for the purpose \r\n                                              of obtaining a certificate of \r\n                                              insurance or a certificate of \r\n                                              security under the provisions of \r\n                                              this Act makes any statement \r\n                                              either oral or written which is \r\n                                              false or misleading or withholds \r\n                                              any material information such \r\n                                              person shall, unless he proves to \r\n                                              the satisfaction of the Court that \r\n                                              he acted without any intent to \r\n                                              deceive, be guilty of an offence \r\n                                              against this Act and be liable, on \r\n                                              conviction, to a fine not \r\n                                              exceeding two hundred pounds or to \r\n                                              imprisonment for two years or to \r\n                                              both such fine and imprisonment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Any person who with intent to \r\n                                              deceive &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) forges, alters, defaces or \r\n                                              mutilates any certificate of \r\n                                              insurance or certificate of \r\n                                              security or any other certificate \r\n                                              or document issued under this Act; \r\n                                              or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) uses or allows to be used by \r\n                                              any other person any forged, \r\n                                              altered, defaced or mutilated \r\n                                              certificate of insurance or \r\n                                              certificate of security or any \r\n                                              other certificate or document \r\n                                              issued under this Act; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) lends to or borrows from any \r\n                                              other person a certificate of \r\n                                              insurance or a certificate of \r\n                                              security or any other certificate \r\n                                              or document issued under the \r\n                                              provisions of this Act; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) makes or has in his possession \r\n                                              any document so closely resembling \r\n                                              any certificate or document issued \r\n                                              under the provisions of this Act \r\n                                              as to be calculated to deceive; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e)&nbsp; issues any certificate of \r\n                                              insurance or certificate of \r\n                                              security or other certificate or \r\n                                              document to be issued under the \r\n                                              provisions of this Act,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              shall be guilty of an offence and \r\n                                              liable on conviction, to a fine \r\n                                              not exceeding two hundred pounds \r\n                                              or to imprisonment for two years \r\n                                              or to both such fine and \r\n                                              imprisonment.&nbsp; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) If any police officer has \r\n                                              reasonable cause to believe that \r\n                                              any certificate of insurance or \r\n                                              certificate of security or any \r\n                                              other certificate or document \r\n                                              produced to him in pursuance of \r\n                                              the provisions of this Act by the \r\n                                              driver or owner of a motor vehicle \r\n                                              is a document in relation to which \r\n                                              an offence under this section has \r\n                                              been committed he may seize the \r\n                                              document and when any such \r\n                                              document is so seized the driver \r\n                                              and the owner of such motor \r\n                                              vehicle or either of them shall, \r\n                                              if neither of them has been \r\n                                              charged with an offence under the \r\n                                              provisions of this section, be \r\n                                              summoned before a magistrate to \r\n                                              account for the possession of or \r\n                                              the presence on the motor vehicle \r\n                                              of the said document and the \r\n                                              magistrate may make such order \r\n                                              respecting the disposal of the \r\n                                              document and award such costs as \r\n                                              he may deem just.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 21&#8212;Application of Act to \r\n                                              Securities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) The provisions of this Act \r\n                                              shall apply in relation to \r\n                                              securities or to cash deposits and \r\n                                              any certificate or document issued \r\n                                              in respect thereof, issued or made \r\n                                              in accordance with the provisions \r\n                                              of this Act as such provisions \r\n                                              apply in relation to policies of \r\n                                              insurance and in relation to any \r\n                                              such security or cash deposit and \r\n                                              any certificate or document issued \r\n                                              in respect thereof and references \r\n                                              in this Act to being insured, to a \r\n                                              certificate of insurance, to an \r\n                                              insurer and to persons insured \r\n                                              shall be construed as references \r\n                                              to the having in force of the \r\n                                              security or of the cash deposit, \r\n                                              to the certificate of security or \r\n                                              other certificate or document \r\n                                              issued in respect of a cash \r\n                                              deposit, to the giver of the \r\n                                              security or the person making the \r\n                                              cash deposit and to the persons \r\n                                              whose liability is covered by the \r\n                                              security or the cash deposit.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) In this Act references to a \r\n                                              certificate of insurance in any \r\n                                              provisions relating to the \r\n                                              surrender or loss or destruction \r\n                                              of a certificate shall, in \r\n                                              relation to policies under which \r\n                                              more than one certificate is \r\n                                              issued be construed as references \r\n                                              to all or any of such certificates \r\n                                              and shall, where any copy of a \r\n                                              certificate has been issued, be \r\n                                              construed as including a reference \r\n                                              to such copy.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 22&#8212;General Penalty.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Any person who is guilty of an \r\n                                              offence against this Act for which \r\n                                              no special penalty is provided \r\n                                              shall, on conviction, be liable in \r\n                                              respect of a first conviction, to \r\n                                              a fine not exceeding fifty pounds \r\n                                              or six months imprisonment or to \r\n                                              both such fine and imprisonment \r\n                                              and in the case of a second or \r\n                                              subsequent conviction to a fine of \r\n                                              one hundred pounds or to \r\n                                              imprisonment for one year or to \r\n                                              both such fine and imprisonment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 23&#8212;Power to make \r\n                                              Regulations.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The Governor-General may make \r\n                                              regulations for prescribing \r\n                                              everything which may be prescribed \r\n                                              under the provisions of this Act \r\n                                              and generally for the purpose of \r\n                                              putting this Act into effect and \r\n                                              in particular but without \r\n                                              prejudice to the generality of the \r\n                                              foregoing provisions may make \r\n                                              regulations&#8212; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) prescribing the forms to be \r\n                                              used for the purposes of this \r\n                                              Act;&nbsp; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) declaring approved insurers;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) prescribing the requirements \r\n                                              in relation to securities either \r\n                                              generally or in particular case;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) as to application for and the \r\n                                              issue of certificates of insurance \r\n                                              and any other documents which may \r\n                                              be prescribed and as to the \r\n                                              keeping of records of documents \r\n                                              and the furnishing of particulars \r\n                                              thereof and the giving of \r\n                                              information with respect thereto;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e) as to the issue of copies of \r\n                                              any certificates or documents \r\n                                              which are lost, mutilated or \r\n                                              destroyed</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (f)&nbsp; as to the custody, \r\n                                              production, cancellation and \r\n                                              surrender of any such certificates \r\n                                              or other documents; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (g) for providing that any of the \r\n                                              provisions of this Act shall, in \r\n                                              relation to motor vehicles brought \r\n                                              into Ghana by persons making only \r\n                                              a temporary stay in Ghana, have \r\n                                              effect subject to such \r\n                                              modifications and adaptations as \r\n                                              may be prescribed;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (h) with respect to the payment of \r\n                                              deposits and the documents to be \r\n                                              issued in relation thereto and the \r\n                                              investments thereof and dealing \r\n                                              with the deposit of stocks or \r\n                                              other securities in lieu of money, \r\n                                              the payment of the interest or \r\n                                              dividends from time to time \r\n                                              accruing due on any securities in \r\n                                              which deposits may be for the time \r\n                                              invested and the withdrawal and \r\n                                              transfer of deposits;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              prescribing fees to be charged in \r\n                                              respect of anything done under the \r\n                                              provisions of this Act;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (j) prescribing penalties for the \r\n                                              breach of any regulations made \r\n                                              hereunder not exceeding a fine of \r\n                                              two hundred pounds or imprisonment \r\n                                              for two years or both such fine \r\n                                              and imprisonment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 24&#8212;Repeal.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Cap. 229.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The Motor Vehicles (Third Party \r\n                                              Insurance) Ordinance is hereby \r\n                                              repealed.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              This printed impression has been \r\n                                              carefully compared by me with the \r\n                                              Bill which has passed the National \r\n                                              Assembly, and found by me to be a \r\n                                              true and correctly printed copy of \r\n                                              the said Bill.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              K. B. AYENSU</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Clerk of the National Assembly.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              MOTOR VEHICLES (THIRD PARTY \r\n                                              INSURANCE) (ECOWAS BROWN CARD) \r\n                                              LAW, 1986 (PNDCL 141)</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARRANGEMENT OF SECTIONS</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. Articles to have Force of Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. Act No.42 of 1958 Modified.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              SCHEDULE</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Schedule</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              WHEREAS a Protocol entitled \r\n                                              Protocol on the Establishment of \r\n                                              an Ecowas Brown Card Relating to \r\n                                              Motor Vehicle Third Party \r\n                                              Liability Insurance the fact of \r\n                                              which is set out in the Schedule \r\n                                              to this Law, and in this Law \r\n                                              referred to as &quot;the Cotonou \r\n                                              Protocol&quot; was signed on behalf of \r\n                                              the Government of Ghana in Cotonou \r\n                                              on the 29th day of May, 1982, and \r\n                                              ratified by the said Government on \r\n                                              the 2nd day of March, 1985;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              AND WHEREAS the Cotonou Protocol \r\n                                              provided for the establishment of \r\n                                              a common system for the settlement \r\n                                              of claims arising in international \r\n                                              motor vehicle traffic in the \r\n                                              Economic Community of West African \r\n                                              States, and for the harmonization \r\n                                              between the member State parties \r\n                                              to the Cotonou Protocol of the \r\n                                              laws and regulations governing \r\n                                              liability to third parties in \r\n                                              respect of motor vehicle \r\n                                              accidents;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              AND WHEREAS it is decided to give \r\n                                              effect to the Cotonou Protocol and \r\n                                              to provide, so far as necessary, \r\n                                              that its provisions shall have the \r\n                                              force of law in Ghana;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              NOW, THEREFORE IN PURSUANCE of the \r\n                                              Provisional National Defence \r\n                                              Council (Establishment) \r\n                                              Proclamation, 1981, this Law is \r\n                                              hereby made:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 1&#8212;Articles to have Force \r\n                                              of Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Articles 1, 2, 3, 4, and 5 of the \r\n                                              Cotonou Protocol (relating to \r\n                                              Structure of the Ecowas Brown Card \r\n                                              Scheme, Participants in the \r\n                                              Scheme, Responsibility of \r\n                                              participants, the Ecowas Brown \r\n                                              Card and the National Bureau \r\n                                              respectively) shall have the force \r\n                                              of Law in Ghana.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 2&#8212;Act No.42 of 1958 \r\n                                              Modified.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The Motor Vehicles (Third Party \r\n                                              Insurance) Act, 1958 (No. 42 of \r\n                                              1958) shall be construed with such \r\n                                              modifications as may be necessary \r\n                                              to give full effect to the \r\n                                              provisions of this Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              SCHEDULE</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PROTOCOL ON THE ESTABLISHMENT OF \r\n                                              AN ECOWAS BROWN CARD RELATING TO \r\n                                              MOTOR VEHICLE THIRD PARTY \r\n                                              LIABILITY INSURANCE</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Preamble</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              THE GOVERNMENT OF MEMBER STATES OF \r\n                                              THE ECONOMIC COMMUNITY OF WEST \r\n                                              AFRICAN STATES:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              NOTING the rapid increase in \r\n                                              international road traffic in \r\n                                              ECOWAS member States and the \r\n                                              problems raised by such traffic in \r\n                                              regard to motor vehicle liability \r\n                                              insurance;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              CONSCIOUS of the need to \r\n                                              guarantee, for road accident \r\n                                              victims, fair and prompt \r\n                                              compensation for damage they may \r\n                                              have sustained as a result of such \r\n                                              accidents;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ANXIOUS to facilitate, for their \r\n                                              nationals driving their vehicles \r\n                                              within the Member States, payment \r\n                                              of compensation due from them as a \r\n                                              result of accidents they may have \r\n                                              caused and to enable them comply \r\n                                              with their obligations under local \r\n                                              law or regulations on the subject;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              DESIROUS of encouraging the \r\n                                              development of trade and tourist \r\n                                              exchange between African counties;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              CONVINCED that the establishment \r\n                                              of a common system for the \r\n                                              settlement of claims arising in \r\n                                              international motor vehicle \r\n                                              traffic will lead gradually to a \r\n                                              desirable harmonisation between \r\n                                              the parties to the present \r\n                                              protocol of the laws and \r\n                                              regulations governing liability in \r\n                                              respect of motor vehicle \r\n                                              accidents;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              WISHING to offer their insurance \r\n                                              markets an opportunity and a means \r\n                                              to develop international links and \r\n                                              exchanges, which will inevitably \r\n                                              contribute to the extension of \r\n                                              these markets;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              AWARE of the satisfactory results \r\n                                              obtained by the international \r\n                                              insurance card scheme which has \r\n                                              been in force for many years in \r\n                                              Europe, and of the institution of \r\n                                              a similar scheme by the Arab \r\n                                              countries;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              DECIDE to establish, by this \r\n                                              Protocol, an ECOWAS BROWN CARD \r\n                                              covering motor vehicle liability \r\n                                              when the vehicle insured is \r\n                                              passing through the territories of \r\n                                              the parties to this Protocol such \r\n                                              cover providing at least the same \r\n                                              guarantees as those required by \r\n                                              the laws in force in territory of \r\n                                              each of the parties.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 1</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              STRUCTURE OF THE SCHEME</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. The Liability insurance scheme \r\n                                              established by this Protocol shall \r\n                                              have, as its legal, technical and \r\n                                              financial basis, the guarantees \r\n                                              which are afforded to motorists \r\n                                              proceeding to an ECOWAS Member \r\n                                              State by taking out an insurance \r\n                                              policy on the usual terms with an \r\n                                              insurer authorised to undertake \r\n                                              this type of business in the \r\n                                              country which is the point of \r\n                                              departure for the journey.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. The scheme shall be based \r\n                                              materially on an ECOWAS BROWN CARD \r\n                                              whose form, as well as the \r\n                                              guarantees it affords, are defined \r\n                                              in the provisions of Article 4 of \r\n                                              this Protocol.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              3. The ECOWAS BROWN CARD shall be \r\n                                              issued by a National Bureau \r\n                                              established by each party to this \r\n                                              Protocol in accordance with the \r\n                                              provisions of Article 5 of this \r\n                                              Protocol.&nbsp; The card shall be \r\n                                              issued to motorists through the \r\n                                              insurers with whom they have taken \r\n                                              out a liability insurance policy \r\n                                              valid when driving in their own \r\n                                              country.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              4. Each National Bureau shall \r\n                                              settle, on behalf of its member \r\n                                              insurers, claims arising from \r\n                                              accidents caused abroad by holders \r\n                                              of the cards it has issued, and \r\n                                              shall also handle claims arising \r\n                                              from accidents caused in its \r\n                                              country by holders of cards issued \r\n                                              by the National Bureaux of other \r\n                                              parties to this Protocol.&nbsp; It may \r\n                                              also take over the settlement of \r\n                                              claims under cover of a joint \r\n                                              deposit, the ECOWAS BROWN CARD \r\n                                              constituting proof of this \r\n                                              deposit.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              5. The legal, administrative and \r\n                                              financial operation of the scheme \r\n                                              established by this Protocol shall \r\n                                              be co-ordinated and supervised by \r\n                                              a council of Bureaux of which all \r\n                                              the National Bureaux of the \r\n                                              parties to this Protocol shall be \r\n                                              members in accordance with the \r\n                                              provisions of Article 6 of this \r\n                                              Protocol.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 2</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PARTICIPANTS IN THE SCHEME</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. Parties to this Protocol shall \r\n                                              participate in the Scheme as \r\n                                              principal participants.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. Insurers, irrespective of their \r\n                                              legal or financial structure, \r\n                                              which are authorised by the \r\n                                              competent&nbsp; authorities of their \r\n                                              countries of activity to undertake \r\n                                              insurance operations against \r\n                                              liability risks in respect of \r\n                                              motor vehicle accidents, shall \r\n                                              participate in the scheme as \r\n                                              subsidiary participants.&nbsp; The \r\n                                              participation of such insurers in \r\n                                              the present scheme shall be \r\n                                              subject to their membership in the \r\n                                              National Bureaux of their \r\n                                              countries of activity.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 3</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              RESPONSIBILITY OF THE PARTICIPANTS</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. The responsibilities of a party \r\n                                              to this Protocol shall be:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) To recognise the ECOWAS BROWN \r\n                                              CARD and to enact laws and \r\n                                              regulations for the establishment \r\n                                              of the card scheme, and \r\n                                              particularly for the creation of \r\n                                              its National Bureau;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) To ensure that its National \r\n                                              Bureau is established and \r\n                                              functions in accordance with the \r\n                                              provisions of this Agreement, and \r\n                                              that it joins the Council of \r\n                                              Bureaux and complies with the \r\n                                              decisions of the Council;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) To guarantee the solvency of \r\n                                              its National Bureau;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) To deposit at its National \r\n                                              Bank or a designated Commercial \r\n                                              Bank a letter of credit in the \r\n                                              amount equivalent to 174,000 UA to \r\n                                              guarantee the performance by its \r\n                                              National Bureau of the obligations \r\n                                              under Article 5.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e) Drawing may be made under the \r\n                                              West African Clearing Account to \r\n                                              discharge any obligations under \r\n                                              this scheme.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. The responsibilities of a \r\n                                              subsidiary participant shall be:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) To issue to its policy holders \r\n                                              ECOWAS BROWN CARDS guaranteeing \r\n                                              such policy holders adequate cover \r\n                                              against the motor vehicle third \r\n                                              party risks they incur in the \r\n                                              countries which they visit;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) To undertake, by way of \r\n                                              reimbursement to the National \r\n                                              Bureau, payment of compensation \r\n                                              for damages and any accessory or \r\n                                              related expenses;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) To contribute to the operating \r\n                                              of the National Bureau and, \r\n                                              through the Bureau, to the \r\n                                              operating expenses of the Council \r\n                                              of Bureaux.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 4</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              THE ECOWAS BROWN CARD</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. An ECOWAS BROWN CARD is hereby \r\n                                              established.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. This card shall be of a \r\n                                              strictly uniform type to be \r\n                                              determined by decision of the \r\n                                              Council of Bureaux, which alone \r\n                                              may alter the format, \r\n                                              typographical layout, colour and \r\n                                              content of the card.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              3. The card shall include the \r\n                                              following particulars: the name \r\n                                              and address of the National Bureau \r\n                                              which has issued it, particulars \r\n                                              of&nbsp; the insurer insuring the motor \r\n                                              vehicles, the identity of the \r\n                                              policy holders, identification of \r\n                                              the vehicle, period of validity of \r\n                                              the card, its individual serial \r\n                                              number, a list of countries in \r\n                                              which it is valid, and the name \r\n                                              and address in each of those \r\n                                              countries, of the National Bureau \r\n                                              which the policy holder shall \r\n                                              notify in the event of an \r\n                                              accident. The card shall be signed \r\n                                              by the insurer and by the policy \r\n                                              holder.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              4. The guarantee provided by the \r\n                                              ECOWAS BROWN CARD shall cover the \r\n                                              liability incurred by the holder \r\n                                              of the card in accordance with the \r\n                                              laws of such member country which \r\n                                              he visits.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              5. Notwithstanding the terms of \r\n                                              the insurance policy under which \r\n                                              it is issued, the card shall \r\n                                              provide all the guarantees \r\n                                              required by the laws or \r\n                                              regulations governing compulsory \r\n                                              motor vehicle insurance in the \r\n                                              country in which the accident \r\n                                              occurred.&nbsp; Such guarantees shall \r\n                                              be subject to the conditions and \r\n                                              limitations contained in the \r\n                                              insurance policy, if the said \r\n                                              conditions and limitations are \r\n                                              permitted by the laws or \r\n                                              regulations of the party to&nbsp; this \r\n                                              Protocol in which the accident has \r\n                                              occurred.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              6. The ECOWAS BROWN CARD shall be \r\n                                              recognised as a valid certificate \r\n                                              of insurance in the territories of \r\n                                              the parties to this Protocol in \r\n                                              which the production of such a \r\n                                              certificate is required, either \r\n                                              within the national territory or \r\n                                              at its frontiers, as a condition \r\n                                              for the circulation of motor \r\n                                              vehicles.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              7. For a party in whose territory \r\n                                              insurance is not compulsory by \r\n                                              law, the guarantee provided by the \r\n                                              ECOWAS BROWN CARD shall correspond \r\n                                              to the third party liability on \r\n                                              the motorist in accordance with \r\n                                              the laws and regulations in force \r\n                                              in the country where the accident \r\n                                              occurred, as interpreted and \r\n                                              applied by the local judicial or \r\n                                              administrative authorities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              8. During the period of its \r\n                                              validity, the ECOWAS BROWN CARD \r\n                                              should constitute proof of the \r\n                                              existence of an insurance policy. \r\n                                              It will be effective only in the \r\n                                              event that the original cover is \r\n                                              in force.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 5</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              THE NATIONAL BUREAUX</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. The status of each National \r\n                                              Bureau shall be defined by the \r\n                                              legal provisions in force, for \r\n                                              this category of establishment, in \r\n                                              the territory of a party to this \r\n                                              Protocol.&nbsp; Its method of operation \r\n                                              shall be determined by the legal \r\n                                              instrument by which it is created.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. In accordance with paragraph 2 \r\n                                              of Article 2, each National Bureau \r\n                                              shall be composed of insurers \r\n                                              authorised by the local \r\n                                              supervisory authorities for \r\n                                              insurance against motor vehicle \r\n                                              liability risks. The insurer shall \r\n                                              apply for administration to the \r\n                                              National Bureau and shall provide \r\n                                              the Bureau with any guarantees it&nbsp; \r\n                                              may require.&nbsp; In a country where \r\n                                              one single State-owned insurance \r\n                                              company has the monopoly of all \r\n                                              insurance operations, the \r\n                                              Government of that party to this \r\n                                              Protocol may designate that \r\n                                              company to act as the National \r\n                                              Bureau of that country.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              3. The National Bureau shall be \r\n                                              financed by the contributions of \r\n                                              members. The amount and method of \r\n                                              payment of contributions shall be \r\n                                              determined at the time of \r\n                                              admission to membership.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              4. The members shall undertake to \r\n                                              place at the disposal of the \r\n                                              National Bureau as advances, at \r\n                                              its request, the sum necessary for \r\n                                              its operation.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              5. The dissolution of a National \r\n                                              Bureau shall be at the initiative \r\n                                              of the Government of the Party to \r\n                                              this Protocol which shall take the \r\n                                              necessary decision, stating the \r\n                                              conditions and modalities of the \r\n                                              dissolution. The notification of \r\n                                              this decision shall be made to the \r\n                                              Council of Bureau at least six \r\n                                              months before the dissolution. The \r\n                                              National Bureau shall act either \r\n                                              as an agency handling commitments \r\n                                              under ECOWAS BROWN CARDS issued by \r\n                                              other National Bureaux.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              A. The National Bureau, as an \r\n                                              issuing agency:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) shall arrange for the printing \r\n                                              of the cards and shall allot to \r\n                                              each of them a serial number in a \r\n                                              single series; it shall issue the \r\n                                              cards to insurers who are members \r\n                                              of the Bureau and who request \r\n                                              them. The said insurers shall keep \r\n                                              a record enabling them to identify \r\n                                              card-holders and the particulars \r\n                                              shown on their cards; the insurers \r\n                                              shall undertake not to issue cards \r\n                                              to persons other than their own \r\n                                              policy-holders who have taken out \r\n                                              a policy against motor vehicle \r\n                                              liability risks;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) shall give to each of the \r\n                                              National Bureau of other \r\n                                              signatories to this Protocol a \r\n                                              general mandate authorising them \r\n                                              to receive statements and claims \r\n                                              concerning accidents caused in the \r\n                                              territory of such other parties by \r\n                                              the holders of the cards it has \r\n                                              issued, to proceed with the \r\n                                              investigation of such accidents \r\n                                              and to pay compensation on \r\n                                              request, supported by the usual \r\n                                              documents of proof.&nbsp; It shall \r\n                                              reimburse the National Bureau \r\n                                              which has paid compensation as \r\n                                              follows:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              the total amount paid by way of \r\n                                              damages, expense, and \r\n                                              disbursements or, where the \r\n                                              settlement is made by amicable \r\n                                              agreement, the amount agreed in \r\n                                              the settlement including the \r\n                                              agreed expenses. Fines shall on no \r\n                                              account be reimbursed; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) the expenses actually \r\n                                              incurred in the investigation and \r\n                                              settlement of the claim;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) a handling fee calculated as \r\n                                              a percentage of the amount of \r\n                                              damages and legal costs or \r\n                                              expenses agreed upon in a \r\n                                              settlement by amicable agreement. \r\n                                              This percentage shall be \r\n                                              determined in advance and for all \r\n                                              cases by the Council of Bureaux;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) shall make reimbursement as \r\n                                              calculated on the above-mentioned \r\n                                              basis, including the minimum \r\n                                              handling fee, even if the claim \r\n                                              has been settled without any \r\n                                              payment being made to an injured \r\n                                              third party.&nbsp; Reimbursement shall \r\n                                              be made to the requesting National \r\n                                              Bureau; in the currency of its \r\n                                              country and free of any exchange \r\n                                              of transfer charges;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) shall pay interest on the \r\n                                              amount involved at the rate of 8 \r\n                                              per cent calculated from the date \r\n                                              the claim is made up to the day it \r\n                                              is paid, if after a period of \r\n                                              three months from the day the \r\n                                              request for reimbursement is made \r\n                                              the settlement has not been \r\n                                              received.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              B. The National Bureau, as a \r\n                                              handling agency:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) shall, as soon as it is \r\n                                              informed of an accident caused in \r\n                                              a country which is a party to this \r\n                                              protocol by the holder of an \r\n                                              ECOWAS BROWN CARD issued by the \r\n                                              National Bureau of another Party \r\n                                              to this Protocol, act in the best \r\n                                              interest of the Bureau on \r\n                                              receiving a claim for damages, it \r\n                                              shall undertake necessary \r\n                                              verification concerning the \r\n                                              circumstances of the accident and, \r\n                                              on the basis of these \r\n                                              verifications, it shall advise the \r\n                                              issuing Bureau and take any \r\n                                              administrative or non-judicial \r\n                                              action which it deems necessary.&nbsp; \r\n                                              At the judicial level, the Bureau, \r\n                                              in its capacity as a handling \r\n                                              agency, shall be entitled to take \r\n                                              any steps to institute or contest \r\n                                              an action.&nbsp; In the case of claims \r\n                                              for damages below a certain amount \r\n                                              established by agreement with each \r\n                                              of the other issuing Bureaux the \r\n                                              Bureau may agree to a settlement \r\n                                              out of court.&nbsp; In the case of \r\n                                              claims for damages exceeding the \r\n                                              amount so established, the Bureau \r\n                                              shall obtain the prior consent of \r\n                                              the issuing Bureau before agreeing \r\n                                              to any settlement;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) shall not knowingly entrust or \r\n                                              relinquish the handling of a claim \r\n                                              to an insurer or to any person who \r\n                                              may have a financial interest in \r\n                                              the accident which has given rise \r\n                                              to the claim;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) shall be entitled, in a case \r\n                                              where the&nbsp; compensation payable is \r\n                                              in excess of 8,696 UA, to require \r\n                                              the issuing Bureau to instruct a \r\n                                              bank or other financial \r\n                                              establishment to place immediately \r\n                                              at its disposal, at its registered \r\n                                              office, a sum corresponding to the \r\n                                              estimated amount of the \r\n                                              compensation.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 6</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              THE COUNCIL OF BUREAU</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. The Council of Bureaux \r\n                                              (hereinafter referred to as &quot;the \r\n                                              Council&quot;) is hereby established.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. The Council shall consist of \r\n                                              one full fledged representative \r\n                                              and one alternate representative \r\n                                              selected from each National \r\n                                              Bureau. It shall appoint on \r\n                                              rotatory basis its Chairman and \r\n                                              Vice-chairman from among the \r\n                                              representatives in alphabetical \r\n                                              order and for a period of one \r\n                                              year. In the absence of both the \r\n                                              Chairman and Vice-chairman the \r\n                                              members present shall elect one \r\n                                              representative to preside over the \r\n                                              meeting.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              3. The Council shall hold its \r\n                                              first meeting not later than two \r\n                                              months after the entry into force \r\n                                              of this Protocol at the Executive \r\n                                              Secretariat of ECOWAS which shall \r\n                                              be the Temporary Headquarters of \r\n                                              the Council until such a time the \r\n                                              Council may decide on its \r\n                                              Headquarters.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              4. The Council shall meet at least \r\n                                              once a year at a place and on a \r\n                                              date which it shall determine.&nbsp; On \r\n                                              the initiative of its Chairman or \r\n                                              at the request of at least one \r\n                                              third of its members, a meeting of \r\n                                              the Council may be summoned by \r\n                                              invitation to members at least 30 \r\n                                              days before such a meeting.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              5. The Council shall itself \r\n                                              establish the agenda for its \r\n                                              meetings, and only items included \r\n                                              in the agenda shall be discussed.&nbsp; \r\n                                              Items proposed in writing to the \r\n                                              Chairman by at least a quarter of \r\n                                              the members not less than ten days \r\n                                              before the meeting shall be \r\n                                              included in the agenda.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              6. Each member of the Council \r\n                                              shall have one vote.&nbsp; With the \r\n                                              exception of decisions under \r\n                                              paragraph 12 of Article 6, \r\n                                              decisions of the Council shall be \r\n                                              by a simple majority vote; \r\n                                              decisions shall require the \r\n                                              presence of the representatives of \r\n                                              at least half the members.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              7. The Council shall appoint the \r\n                                              Chairman who shall hold office for \r\n                                              one year and co-ordinate the \r\n                                              activities of the Council.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              8. The Council shall establish its \r\n                                              annual budget and shall fix the \r\n                                              annual contributions to be paid by \r\n                                              members which shall be an equal \r\n                                              amount as among the members.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              9. The Council shall have a \r\n                                              general function of orientation, \r\n                                              co-ordination and supervision over \r\n                                              the whole of the ECOWAS Insurance \r\n                                              Scheme established by this \r\n                                              Protocol.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              10. The Council shall determine \r\n                                              the form and content of the ECOWAS \r\n                                              BROWN CARD.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              11. The Council shall co-ordinate \r\n                                              the operation of the National \r\n                                              Bureaux for this purpose, it shall \r\n                                              prepare a standard inter-Bureaux \r\n                                              contract which shall be signed by \r\n                                              all Bureaux and which the council \r\n                                              alone shall be entitled to amend. \r\n                                              This contract shall in particular \r\n                                              determine the maximum amount for \r\n                                              the delegation of owners of \r\n                                              settlement by one National Bureau \r\n                                              to another, and the minimum \r\n                                              handling fee payable for each case \r\n                                              handled by them.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              12. Any dispute between two or \r\n                                              more National Bureaux as to the \r\n                                              interpretation on application of \r\n                                              this Protocol shall be referred to \r\n                                              Council.&nbsp; The Council shall decide \r\n                                              the dispute on absolute majority.&nbsp; \r\n                                              The decision pronounced shall be \r\n                                              final and binding on the parties \r\n                                              to the dispute. The decision shall \r\n                                              be notified to all the National \r\n                                              Bureaux and the Council shall see \r\n                                              to its execution.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              13. The Council shall on its own \r\n                                              initiative or on the initiative of \r\n                                              any Government Party to this \r\n                                              Protocol consider and, if it deems \r\n                                              it advisable, propose changes in \r\n                                              the laws or regulations of the \r\n                                              parties to this Protocol with a \r\n                                              view to improving the functioning \r\n                                              of the ECOWAS BROWN CARD scheme, \r\n                                              or to harmonising the systems of \r\n                                              compensation for damages \r\n                                              occasioned by road traffic \r\n                                              accidents, or to improving \r\n                                              accident prevention.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 7</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              WITHDRAWALS AND EXCLUSION</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. A Party to this Protocol may \r\n                                              withdraw from it any time after \r\n                                              the expiration of a period of one \r\n                                              year from the date on which this \r\n                                              Protocol has entered into force by \r\n                                              means of notification in writing \r\n                                              addressed to the Executive \r\n                                              Secretariat of ECOWAS.&nbsp; The \r\n                                              withdrawal shall take effect \r\n                                              twelve (12) months after the date \r\n                                              of receipt of the notification by \r\n                                              the Executive Secretariat, during \r\n                                              which period the withdrawing Party \r\n                                              shall remain liable for its \r\n                                              financial obligation under this \r\n                                              Protocol.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Any insurer member ceasing for any \r\n                                              reason to be a member of the \r\n                                              National Bureau shall remain bound \r\n                                              by the undertakings assumed by the \r\n                                              Bureau during the period of its \r\n                                              membership.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. If any Party is in breach of \r\n                                              its obligations under this \r\n                                              Protocol and such breach \r\n                                              substantially impairs the \r\n                                              operation of this Agreement the \r\n                                              Heads of States and Government may \r\n                                              by a resolution exclude such a \r\n                                              Party from this Protocol.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              3. The Council of Bureau shall \r\n                                              determine any settlement of \r\n                                              accounts with a withdrawing or \r\n                                              excluded Party. A withdrawing or \r\n                                              excluded Party shall not be \r\n                                              discharged from its obligations \r\n                                              until the extinction&nbsp; of all its \r\n                                              existing liabilities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 8</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              REVISION AND AMENDMENT</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. Any Party to this Protocol may \r\n                                              submit proposals for amendment or \r\n                                              revision of this Protocol.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. Any such proposal shall be \r\n                                              submitted to the Executive \r\n                                              Secretariat of ECOWAS which shall \r\n                                              communicate them to other Member \r\n                                              States not later than thirty days \r\n                                              after receipt of such proposals. \r\n                                              &nbsp;Amendments or revisions shall be \r\n                                              considered by the Heads of State \r\n                                              and Government after Parties have \r\n                                              given one month''s notice thereof.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARTICLE 9</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ENTRY INTO FORCE</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. The present Protocol shall \r\n                                              enter into force provisionally \r\n                                              upon signature by Heads of State \r\n                                              and Government of Member States \r\n                                              and definitely upon ratification \r\n                                              by at least seven (7) signatory \r\n                                              states in accordance with the \r\n                                              constitutional procedure \r\n                                              applicable to each Member State.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. This Protocol and all the \r\n                                              instruments of ratification shall \r\n                                              be deposited with the Executive \r\n                                              Secretariat which shall transmit \r\n                                              certified true copies of this \r\n                                              Protocol to all Member States \r\n                                              informing them of dates on which \r\n                                              the Instruments of Ratification \r\n                                              have been deposited. This Protocol \r\n                                              shall be registered with the \r\n                                              Organisation of African Unity, the \r\n                                              United Nations Organisation and \r\n                                              such Organisations as the Heads of \r\n                                              State and Government of ECOWAS \r\n                                              shall determine.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              May this 9th day of January, 1986.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              FLT.-LT. JERRY JOHN RAWLINGS</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Chairman of the Provisional \r\n                                              National Defence Council</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Date of Gazette Notification: 28th \r\n                                              February, 1986.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              NARCOTIC DRUGS (CONTROL, \r\n                                              ENFORCEMENT AND SANCTIONS) LAW, \r\n                                              1990 (PNDCL 236)</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The purpose of this Law is to \r\n                                              bring under one enactment offences \r\n                                              relating to illicit dealing in \r\n                                              narcotic drugs and to further put \r\n                                              in place provisions that will \r\n                                              prevent illicit narcotic drug \r\n                                              dealers benefiting from their \r\n                                              crimes.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              In view of the rising incidence of \r\n                                              narcotic drug abuse in the country \r\n                                              and the threatening dimensions \r\n                                              that illicit narcotic drug dealing \r\n                                              has taken internationally, it has \r\n                                              become necessary to revise the \r\n                                              existing laws on narcotic drugs by \r\n                                              clearly spelling out the offences \r\n                                              and providing realistic and \r\n                                              deterring punishments in respect \r\n                                              of them.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Furthermore, Ghana as a signatory \r\n                                              to the United Nations Convention \r\n                                              on Narcotic Drugs and Psychotropic \r\n                                              Substances is obliged to enact \r\n                                              national laws to implement the \r\n                                              provisions of the Convention.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              To this end, provision is made in \r\n                                              this Law for the pursuit, seizure \r\n                                              and forfeiture of equipment used \r\n                                              in the commission of narcotic drug \r\n                                              offences and of properties and \r\n                                              proceeds acquired or derived from \r\n                                              narcotic drug offences or illicit \r\n                                              narcotic drug dealings.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              In furtherance of international \r\n                                              co-operation and mutual assistance \r\n                                              among member countries parties to \r\n                                              the Convention, provision is made \r\n                                              in this Law for assistance, on \r\n                                              request, to foreign countries to \r\n                                              enable them pursue and seize in \r\n                                              Ghana, through due process of law, \r\n                                              properties acquired or derived \r\n                                              from illicit narcotic drug \r\n                                              activities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The following are the essential \r\n                                              elements of the Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PART I&#8212;Section 1-6</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under this Part, importation, \r\n                                              exportation, possession, \r\n                                              cultivation, manufacture, supply, \r\n                                              use and administration of any \r\n                                              narcotic drug without lawful \r\n                                              authority is prohibited.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 7 a court or \r\n                                              Tribunal that convicts any person \r\n                                              has discretion not to impose the \r\n                                              minimum sentence where the \r\n                                              circumstances of the case demand.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 8 (1) repeats the \r\n                                              provision in the current law where \r\n                                              if an accused person with two \r\n                                              previous convictions for specified \r\n                                              narcotic drug offences is again \r\n                                              convicted for such an offence he \r\n                                              shall be liable to imprisonment \r\n                                              for life.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Subsection (2) of section 8 \r\n                                              enables District Magistrates and \r\n                                              District Tribunals to try offences \r\n                                              under Part I but since most of the \r\n                                              stipulated minimum sentences are \r\n                                              beyond their jurisdiction, \r\n                                              convicts must be sent to the \r\n                                              appropriate higher Courts or \r\n                                              Tribunals for sentence.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 9 (1) the meaning of \r\n                                              narcotic drugs is defined and \r\n                                              section 9(2) provides for \r\n                                              amendment of the Schedules by the \r\n                                              Secretary.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PART II</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              This Part deals with activities in \r\n                                              relation to properties which \r\n                                              constitute offences.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 10 makes any dealing \r\n                                              directly or indirectly in relation \r\n                                              to any property whether in Ghana \r\n                                              or outside Ghana with the \r\n                                              intention of managing, promoting, \r\n                                              establishing or carrying on any \r\n                                              activity which is an offence under \r\n                                              Part I an offence; and a person \r\n                                              with intention to assist or \r\n                                              facilitate such a crime also \r\n                                              commits an offence.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 11 makes possession of \r\n                                              property or proceeds from any \r\n                                              property known to have been \r\n                                              obtained from activities which \r\n                                              constitute a narcotic drug offence \r\n                                              in Ghana, an offence, wherever the \r\n                                              offence was committed.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 12 prohibits the \r\n                                              laundering of proceeds from \r\n                                              narcotic drug offences wherever \r\n                                              committed.&nbsp;&nbsp; Where any person is \r\n                                              convicted of a narcotic drug \r\n                                              offence under this Law, the \r\n                                              equipment or property, the subject \r\n                                              matter of the offence, shall be \r\n                                              forfeited to the State under \r\n                                              section 13 (1).&nbsp; However, section \r\n                                              13 (2) exempts carriers from \r\n                                              liability where the offence was \r\n                                              committed by someone other than \r\n                                              the owner of the carrier and it is \r\n                                              proved to the court that the use \r\n                                              of the carrier for the offence was \r\n                                              without the owner&#8217;s knowledge or \r\n                                              consent.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 14, once, there is \r\n                                              proof that a narcotic drug offence \r\n                                              has been committed, any equipment \r\n                                              or property used for the \r\n                                              commission of the offence shall be \r\n                                              forfeited notwithstanding that no \r\n                                              person has been convicted of the \r\n                                              offence . . . </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PART III</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              This Part deals with the pursuit \r\n                                              and forfeiture of illegal \r\n                                              properties.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 16 the \r\n                                              Attorney-General, may, where he \r\n                                              has reason to believe that a \r\n                                              person has or is holding on behalf \r\n                                              of another person property \r\n                                              suspected to be illegal property \r\n                                              under this Law, make an ex parte \r\n                                              application to a court for the \r\n                                              forfeiture of the property \r\n                                              specified in the application from \r\n                                              the person named therein.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 15 is specified \r\n                                              persons, who can be proceeded \r\n                                              against by the Attorney-General, \r\n                                              referred to as &#8220;liable persons&#8221;, \r\n                                              these are persons who have been \r\n                                              convicted of narcotic drug \r\n                                              offences, either in Ghana or of \r\n                                              similar offences abroad; persons \r\n                                              knowingly holding or concealing \r\n                                              illegal properties; persons to \r\n                                              whom such properties have been \r\n                                              passed, unless they hold them as \r\n                                              purchasers in good faith for \r\n                                              valuable consideration.&nbsp; Where a \r\n                                              person who can be proceeded \r\n                                              against under section 15 dies, his \r\n                                              personal representatives or where \r\n                                              there are no personal \r\n                                              representatives any beneficiaries \r\n                                              may be pursued.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 17, a court may on \r\n                                              hearing the Attorney-General on an \r\n                                              application under section 16, \r\n                                              cause a notice to be issued to the \r\n                                              liable person named in the \r\n                                              application to show cause why the \r\n                                              properties specified by the \r\n                                              Attorney-General in the \r\n                                              application should not be \r\n                                              forfeited, and the Court shall \r\n                                              rule after hearing the parties, \r\n                                              and make such order as it deems \r\n                                              just.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 18, the Court has \r\n                                              power to order forfeiture where \r\n                                              the person named as liable fails \r\n                                              to appear.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 19, the Court may \r\n                                              where it is satisfied that illegal \r\n                                              property has been sold to a \r\n                                              purchaser in good faith or that \r\n                                              the property cannot be traced or \r\n                                              is otherwise irrecoverable, order, \r\n                                              among others, that an amount equal \r\n                                              to the full value of the illegal \r\n                                              property shall be paid.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Failure to pay attracts \r\n                                              imprisonment under section 19 (3), \r\n                                              and where the liable persons dies \r\n                                              before or after the Court order, \r\n                                              the representative of his estate \r\n                                              or any beneficiary can be pursued.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 20 (1), all \r\n                                              contracts and dealings effected by \r\n                                              any person against whom notice has \r\n                                              been issued under Part III in \r\n                                              respect of the illegal property \r\n                                              are null and void.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 21, proceedings do \r\n                                              not abate upon the death of the \r\n                                              liable person, and any proceedings \r\n                                              pending are to be continued \r\n                                              against his personal \r\n                                              representatives or beneficiaries.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 22 (1) only the High \r\n                                              Court, National or Regional Public \r\n                                              Tribunals have original \r\n                                              jurisdiction under Part III of the \r\n                                              Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PART IV</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              This Part deals with arrest, \r\n                                              investigation and seizure.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 23, a police officer \r\n                                              has power to arrest without \r\n                                              warrant any person whom he \r\n                                              reasonably suspects to have \r\n                                              committed or to be committing an \r\n                                              offence under this Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 24 deals with powers of \r\n                                              entry, search and seizure on \r\n                                              premises suspected to be used for \r\n                                              offences under the Law and section \r\n                                              25 deals with body searches of \r\n                                              suspects which can include both \r\n                                              external and internal body \r\n                                              searches, the latter of which must \r\n                                              be conducted by a medical officer. \r\n                                              Females are only to be searched by \r\n                                              other females; obstruction of a \r\n                                              person inspecting or searching is \r\n                                              an offence under section 26.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 27 empowers a magistrate \r\n                                              or District Tribunal to grant, on \r\n                                              an application by a police \r\n                                              officer, a right to intercept, \r\n                                              detain, open and search any \r\n                                              communication or postal article \r\n                                              which the magistrate or District \r\n                                              Tribunal considers likely to \r\n                                              contain relevant information or \r\n                                              substance for prosecution under \r\n                                              the Law.&nbsp; This application can \r\n                                              also extend to a request to the \r\n                                              magistrate or District Tribunal \r\n                                              for authorisation to intercept \r\n                                              transmitted messages and to listen \r\n                                              to any conversation by \r\n                                              telecommunication.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 28 gives the \r\n                                              Attorney-General special powers to \r\n                                              authorise any police officer, by a \r\n                                              written order, to investigate, \r\n                                              inspect and take copies of any \r\n                                              documents held by a bank or \r\n                                              financial institution among \r\n                                              others, for purposes relating to \r\n                                              an investigation into a narcotic \r\n                                              drug offence under this Law or \r\n                                              under a corresponding foreign law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 29, the \r\n                                              Attorney-General has further \r\n                                              powers for the purposes of any \r\n                                              investigation into proceedings \r\n                                              relating to a narcotic drug \r\n                                              offence suspected to have been \r\n                                              committed under this Law or under \r\n                                              any corresponding foreign law, or \r\n                                              for purposes of Part III of this \r\n                                              Law, to require, by written \r\n                                              notice, any person whom the \r\n                                              Attorney-General has reason to \r\n                                              believe has information that would \r\n                                              assist in any such investigation, \r\n                                              to furnish him in writing a sworn \r\n                                              statement, identifying his \r\n                                              properties both inside and outside \r\n                                              Ghana, identifying properties sent \r\n                                              outside the country by him within \r\n                                              a specified period, the estimated \r\n                                              value and whether the property is \r\n                                              held by some other person on his \r\n                                              behalf and setting out all his \r\n                                              sources of income, earnings or \r\n                                              assents.&nbsp; Under section 30 the \r\n                                              Attorney-General also has power in \r\n                                              like manner to request any public \r\n                                              officer to furnish any document in \r\n                                              his possession.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under sections 31 to 34, where the \r\n                                              Attorney-General intends to make \r\n                                              an application against any person \r\n                                              to show cause why certain \r\n                                              specified properties should not be \r\n                                              forfeited, or where he intends to \r\n                                              institute court proceedings \r\n                                              against any person for a narcotic \r\n                                              drug related offence or where \r\n                                              proceedings have already been \r\n                                              instituted and pending, he may by \r\n                                              order require any person named in \r\n                                              the order to disclose the \r\n                                              whereabouts of all properties held \r\n                                              by him, prevent him from dealing, \r\n                                              expending or disposing of any \r\n                                              property the subject matter of the \r\n                                              proceedings, not to remove the \r\n                                              properties or not to leave Ghana \r\n                                              without prior written approval of \r\n                                              the Attorney-General.&nbsp; This order \r\n                                              may extend to any person holding \r\n                                              property for or on behalf of the \r\n                                              person named in the order and the \r\n                                              order may require such latter \r\n                                              person to also make such \r\n                                              disclosure and prohibit such \r\n                                              latter person from disposing of \r\n                                              any specified property without the \r\n                                              written approval of the \r\n                                              Attorney-General.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under subsection (7) of section \r\n                                              31, failure to comply constitutes \r\n                                              an offence.&nbsp;&nbsp; The method of \r\n                                              seizure of movable and immovable \r\n                                              property suspected to be illegal \r\n                                              for the purposes of this law is \r\n                                              dealt with under sections 35 and \r\n                                              36.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 37, all unauthorised \r\n                                              dealings with regard to seized \r\n                                              property after the seizure are \r\n                                              void.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Sections 39 and 40 provide for the \r\n                                              release of property seized under \r\n                                              the Law where there is no \r\n                                              prosecution or further action in \r\n                                              respect of the property and no \r\n                                              claim within a specified period \r\n                                              from the date of the seizure.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PART V</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              This Part deals with vesting of \r\n                                              properties forfeited under the Law \r\n                                              in the State.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PART VI</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 42 deals with co-operation \r\n                                              and assistance to foreign \r\n                                              authorities who request for \r\n                                              assistance in relation to drug \r\n                                              related offences in the foreign \r\n                                              country and enjoins the Ghanaian \r\n                                              authorities to render assistance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 44 indicates how the \r\n                                              Ghanaian authority should assist \r\n                                              with service of processes or \r\n                                              documents from abroad.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 45 deals with transmission \r\n                                              of copies of statements or records \r\n                                              or results of investigations in \r\n                                              Ghana to the requesting foreign \r\n                                              authority.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 46 makes it clear that the \r\n                                              Ghanaian authority may authorise \r\n                                              any police officer to examine any \r\n                                              person specified in a request from \r\n                                              a foreign authority in respect of \r\n                                              a drug related offence.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 47, the examination \r\n                                              of a person suspected of a drug \r\n                                              related offence and specified by a \r\n                                              foreign authority as being so \r\n                                              suspected may, on an application \r\n                                              by the Attorney-General or the \r\n                                              Ghanaian authority to a magistrate \r\n                                              or District Tribunal, be ordered \r\n                                              by the magistrate or the Chairman \r\n                                              of the District Tribunal who shall \r\n                                              carry out the examination.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 48 allows the Ghanaian \r\n                                              authority to authorise search of \r\n                                              any person specified by a foreign \r\n                                              authority in a request and a \r\n                                              police officer so authorised shall \r\n                                              search the premises and may under \r\n                                              section 49 seize any property \r\n                                              requested by the foreign authority \r\n                                              as being property liable for \r\n                                              forfeiture under the law of the \r\n                                              foreign country or that the \r\n                                              property is required as evidence \r\n                                              in a drug related offence.&nbsp; The \r\n                                              section sets out the modalities \r\n                                              for transmission of any property \r\n                                              seized and the return of the \r\n                                              property where it is found not to \r\n                                              be illegal property.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Under section 50, on a request \r\n                                              from a foreign authority the \r\n                                              Ghanaian authority may intercept \r\n                                              communications for the purpose of \r\n                                              rendering assistance to the \r\n                                              foreign authority in relation to \r\n                                              any drug related matter.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 52 deals with the transfer \r\n                                              of a person in prison in Ghana to \r\n                                              a foreign country at the deals \r\n                                              with the transfer of a person in \r\n                                              prison in Ghana to a foreign \r\n                                              country at the request of a \r\n                                              foreign authority as a witness in \r\n                                              a prosecution in that country.&nbsp; \r\n                                              Any such transfer must be \r\n                                              authorised by the Secretary and \r\n                                              section 53 deals with arrangements \r\n                                              that may be entered into between \r\n                                              the foreign authority and the \r\n                                              Government of Ghana with regard to \r\n                                              payment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PART VII</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 55 sets up a Narcotics \r\n                                              Control Board under the control \r\n                                              and supervision of the Ministry of \r\n                                              the Interior.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 56 deals with punishment \r\n                                              for attempt and conspiracies for \r\n                                              offences under the Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 57 deals with offences by \r\n                                              bodies of persons.&nbsp; Under section \r\n                                              59 the powers of the police are \r\n                                              clearly indicated to be in \r\n                                              addition to their powers under any \r\n                                              other law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 60 imposes a penalty not \r\n                                              exceeding ¢500,000.00 or \r\n                                              imprisonment for a term not \r\n                                              exceeding three years or both for \r\n                                              any offence under the Law for \r\n                                              which no specific penalty has been \r\n                                              imposed and provides in subsection \r\n                                              (2) for analyst reports.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 61 deals with the powers \r\n                                              of the Secretary to make \r\n                                              regulations and sections 62 and 63 \r\n                                              deal with interpretation and \r\n                                              repeals respectively.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              amended by</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              CONTRACTS ACT, 1960 (ACT 25)1</span></p>\r\n                                              <p class="MsoNormal"></td>\r\n                </tr>\r\n              </tbody>\r\n            </table>\r\n          ', 'First', 'Yes', '');
INSERT INTO `actsofghana` (`id`, `title`, `content`, `republic`, `isshow`, `actname`) VALUES
(71, 'MOTOR VEHICLES (THIRD PARTY \n                                              INSURANCE) ACT, 1958 (NO. 42 OF \n                                              58', '<table>\r\n<tr>\r\n                                            <td vAlign="top" align="left" width="1353" height="64">\r\n                                              <p class="MsoNormal">&nbsp;</p>\r\n                                              <p class="MsoNormal" align="center">\r\n                                              <span style="font-family: Arial; font-weight: 700">\r\n                                              MOTOR VEHICLES (THIRD PARTY \r\n                                              INSURANCE) ACT, 1958 (NO. 42 OF \r\n                                              58)</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              As amended</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARRANGEMENT OF SECTIONS</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. Short title and commencement.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. Interpretation.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              3. Users of motor vehicles to be \r\n                                              insured against third party risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              4. Limitation of time for \r\n                                              proceedings.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              5. Exemptions.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              6. Requirements in respect of \r\n                                              policies.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              7. Requirements in respect of \r\n                                              securities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              8. Certain conditions to policies \r\n                                              or securities to be of no effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              9. Avoidance of restrictions on \r\n                                              the scope of policies covering \r\n                                              third party risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              10. Duty of insurers to satisfy \r\n                                              judgments against persons insured \r\n                                              in respect of third party risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              11. Rights of third parties \r\n                                              against insurers.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              12. Duty to give information to \r\n                                              third parties.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              13. Certain settlements between \r\n                                              insurer and insured to be of no \r\n                                              effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              14. Bankruptcy, etc., of insured \r\n                                              persons not to affect certain \r\n                                              claims.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              15. Further rights of third \r\n                                              parties against insurers.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              16. Duty to surrender certificate \r\n                                              on cancellation of policy.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              17. Certificate to be produced.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              18. Duty of owner to give \r\n                                              information.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              19. Deposits.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              20. Offences.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              21. Application of Act to \r\n                                              securities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              22. General penalty.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              23. Power to make regulations.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              24. Repeal.</span></p>\r\n                                              <p class="MsoNormal" align="center">\r\n                                              <b></p>\r\n                                              <p class="MsoNormal" align="center">\r\n                                              <span style="font-family: Arial; font-weight: 700">\r\n                                              GHANA NO. 42 OF 1958 DATE OF \r\n                                              ASSENT</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Assented to in Her Majesty''s Name \r\n                                              and on Her Majesty''s behalf this \r\n                                              23rd day of December, 1958.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              LISTOWEL</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Governor-General.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              AN ACT to make provision for the \r\n                                              protection of third parties \r\n                                              against risks arising out of the \r\n                                              use of motor vehicles, and for \r\n                                              purposes incidental thereto.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Date of Commencement. [1st April, \r\n                                              1959.]</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              BE IT ENACTED by the Queen''s Most \r\n                                              Excellent Majesty, by and with the \r\n                                              advice and consent of the National \r\n                                              Assembly of Ghana in this present \r\n                                              Parliament assembled, and by the \r\n                                              authority of the same as follows:&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 1&#8212;Short Title and \r\n                                              Commencement.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              This Act may be cited as the Motor \r\n                                              Vehicles (Third Party Insurance) \r\n                                              Act, 1958 and shall come into \r\n                                              force on the first day of April, \r\n                                              1959.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 2&#8212;Interpretation.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) In this Act, unless the \r\n                                              context otherwise requires&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;company&quot; includes any company \r\n                                              registered or required to be \r\n                                              registered under the provisions of \r\n                                              the Companies Ordinance, any \r\n                                              corporation incorporated by law \r\n                                              and any firm or partnership;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;driving licence&quot; means a licence \r\n                                              to drive a motor vehicle granted \r\n                                              under the provisions of the Road \r\n                                              Traffic Ordinance, 1952;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;highway&quot; includes any roadway or \r\n                                              place to which the public lawfully \r\n                                              have free access;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;insurer&quot; and &quot;approved insurer&quot; \r\n                                              mean a person or body of persons \r\n                                              carrying on an insurance business \r\n                                              approved by the Minister;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;local authority&quot; means a council \r\n                                              established under the provisions \r\n                                              of the Local Government Ordinance \r\n                                              or the Municipal Councils \r\n                                              Ordinance, 1953 or any Act \r\n                                              amending either of the said \r\n                                              Ordinances;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;Minister&quot; means the Minister \r\n                                              responsible for the Interior;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;passenger vehicle&quot; means a motor \r\n                                              vehicle used for carrying \r\n                                              passengers for hire or reward;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;policy&quot; and &quot;policy of insurance&quot; \r\n                                              means a policy of insurance in \r\n                                              respect of third party risks \r\n                                              arising out of the use of motor \r\n                                              vehicles, being a policy which \r\n                                              complies with the provisions of \r\n                                              this Act, and includes a covering \r\n                                              note issued in respect of any such \r\n                                              policy;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;security&quot; means such security in \r\n                                              respect of third party risks \r\n                                              arising out of the use of motor \r\n                                              vehicles as complies with the \r\n                                              provisions of this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) If any word or expression used \r\n                                              in this Act is defined in the Road \r\n                                              Traffic Ordinance, 1952, such word \r\n                                              or expression, unless the context \r\n                                              otherwise requires, shall have in \r\n                                              this Act the meaning assigned to \r\n                                              it in the said Ordinance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) Any reference in this Act to \r\n                                              the expressions &quot;bankrupt&quot; or \r\n                                              &quot;bankruptcy&quot; in relation to a \r\n                                              person shall be construed as a \r\n                                              reference to any person who is \r\n                                              insolvent or has entered into a \r\n                                              composition or arrangement with \r\n                                              his creditors or who has been \r\n                                              adjudicated bankrupt under the \r\n                                              provisions of any enactment \r\n                                              relating to bankruptcy having \r\n                                              effect for the time being in \r\n                                              Ghana.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) Any reference in this Act to \r\n                                              the use of a motor vehicle shall \r\n                                              be construed as referring only to \r\n                                              the use thereof on any highway as \r\n                                              defined in this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 3&#8212;Users of Motor Vehicles \r\n                                              to be Insured Against Third Party \r\n                                              Risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &nbsp;(1) Subject to the provisions of \r\n                                              this Act no person shall use, or \r\n                                              cause or permit any other person \r\n                                              to use, a motor vehicle unless \r\n                                              there is in force in relation to \r\n                                              the user of that motor vehicle by \r\n                                              such person or such other person, \r\n                                              as the case may be, such a policy \r\n                                              of insurance or such security in \r\n                                              respect of third party risks as \r\n                                              complies with the provisions of \r\n                                              this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Any person acting in \r\n                                              contravention of this section \r\n                                              shall be liable on conviction to a \r\n                                              fine not exceeding two hundred \r\n                                              pounds or to imprisonment for one \r\n                                              year or to both such fine and \r\n                                              imprisonment and a person \r\n                                              convicted of an offence under this \r\n                                              section shall be disqualified from \r\n                                              holding or obtaining a driving \r\n                                              licence.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) A disqualification under the \r\n                                              provisions of subsection (2), \r\n                                              unless the court for special \r\n                                              reasons to be recorded otherwise \r\n                                              orders, shall be for a minimum \r\n                                              period of twelve months from the \r\n                                              date of the conviction, and any \r\n                                              person so disqualified from \r\n                                              holding or obtaining a driving \r\n                                              licence under the provisions of \r\n                                              this section shall be deemed to be \r\n                                              so disqualified under the \r\n                                              provisions of the Road Traffic \r\n                                              Ordinance, 1952.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 4&#8212;Limitation of Time for \r\n                                              Proceedings.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Notwithstanding the provisions of \r\n                                              any written law which prescribes a \r\n                                              time within which proceedings may \r\n                                              be brought before a court, \r\n                                              proceedings in respect of an \r\n                                              offence under section 3 may be \r\n                                              instituted&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) within a period of six months \r\n                                              from the date of the commission of \r\n                                              the alleged offence; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) within a period which exceeds \r\n                                              neither six months from the date \r\n                                              on which it came to the knowledge \r\n                                              of the prosecutor that the offence \r\n                                              had been committed, nor one year \r\n                                              from the date of the commission of \r\n                                              the offence,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              whichever period is the longer.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 5&#8212;Exemptions.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The provisions of section 3 shall \r\n                                              not apply&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) to the user of a motor vehicle \r\n                                              owned by or exclusively employed \r\n                                              in the service of the Government \r\n                                              while such motor vehicle is being \r\n                                              used for the purposes of the \r\n                                              Government; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) to the user of a motor vehicle \r\n                                              other than a passenger vehicle \r\n                                              owned by a person who has \r\n                                              deposited and keeps deposited with \r\n                                              the Accountant-General the sum of \r\n                                              five thousand pounds in respect of \r\n                                              such motor vehicle at any time \r\n                                              when such motor vehicle is being \r\n                                              driven by the owner or by a \r\n                                              servant of the owner in the course \r\n                                              of his employment; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) to the user of a motor vehicle \r\n                                              at any time when it is driven for \r\n                                              police purposes by or under the \r\n                                              direction of a superior police \r\n                                              officer as defined in the Police \r\n                                              Force Ordinance; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Cap 37</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) to any person or class of \r\n                                              persons declared by the \r\n                                              Governor-General to be exempted \r\n                                              from the the provisions of this \r\n                                              Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e) to any motor vehicle or type \r\n                                              of motor vehicle declared by the \r\n                                              Governor-General to be exempted \r\n                                              from the provisions of this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 6&#8212;Requirements in Respect \r\n                                              of Policies.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) A policy of insurance for the \r\n                                              purposes of this Act must be a \r\n                                              policy which &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) is issued by an insurer \r\n                                              approved by the Minister; and</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) insures such persons or \r\n                                              classes of person as may be \r\n                                              specified in the policy in respect \r\n                                              of any liability which may be \r\n                                              incurred by him or them in respect \r\n                                              of the death of or bodily injury \r\n                                              to any person caused by or arising \r\n                                              out of the use of a motor vehicle \r\n                                              covered by the policy:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that such policy shall \r\n                                              not be required to cover&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) liability in respect of the \r\n                                              death arising out of and in the \r\n                                              course of his employment of a \r\n                                              person in the employment of a \r\n                                              person insured by the policy or of \r\n                                              bodily injury sustained by such a \r\n                                              person arising out of and in the \r\n                                              course of his employment; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) save in the case of a \r\n                                              passenger vehicle or where persons \r\n                                              are carried by reason of or in \r\n                                              pursuance of a contract of \r\n                                              employment, liability in respect \r\n                                              of the death of or bodily injury \r\n                                              to persons being carried in or \r\n                                              upon or entering or getting on to \r\n                                              or alighting from a motor vehicle \r\n                                              at the time of the occurrence of \r\n                                              the event out of which the claims \r\n                                              arise; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) any contractual liability.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Where any payment is made, \r\n                                              whether or not with an admission \r\n                                              of liability, by &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) an insurer under or in \r\n                                              consequence of a policy issued \r\n                                              under the provisions of this Act; \r\n                                              or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) the owner of a motor vehicle \r\n                                              in relation to the user of which a \r\n                                              security under section 7 is in \r\n                                              force; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) the owner of a motor vehicle \r\n                                              who has made a deposit under \r\n                                              section 5,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              in respect of the death of or \r\n                                              bodily injury to any person \r\n                                              arising out of the use of a motor \r\n                                              vehicle and the person who has so \r\n                                              died or received bodily injury has \r\n                                              to the knowledge of the insurer or \r\n                                              such owner, as the case may be, \r\n                                              received treatment at a hospital, \r\n                                              whether as an in-patient or an \r\n                                              out-patient, in respect of the \r\n                                              injury so arising there shall be \r\n                                              also paid by the insurer or such \r\n                                              owner to such hospital the \r\n                                              expenses reasonably incurred by \r\n                                              such hospital in giving such \r\n                                              treatment after deducting any \r\n                                              money actually received by such \r\n                                              hospital in payment of a specific \r\n                                              charge for treatment:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that the amount to be \r\n                                              paid by the approved insurer or \r\n                                              the owner shall not exceed fifty \r\n                                              pounds for each person so treated \r\n                                              as an in-patient and five pounds \r\n                                              for each person so treated as an \r\n                                              out-patient.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) [Repealed by Contracts Act, \r\n                                              1960 (Act 25), s.18]</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Certificate of Insurance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) A policy shall be of no effect \r\n                                              for the purposes of this Act \r\n                                              unless and until there is issued \r\n                                              by the insurer to the person by \r\n                                              whom the policy is effected a \r\n                                              certificate, in this Act referred \r\n                                              to as a certificate of insurance, \r\n                                              in the prescribed form and \r\n                                              containing such particulars of any \r\n                                              conditions subject to which the \r\n                                              policy is issued and of such other \r\n                                              matters as may be prescribed.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 7&#8212;Requirements in Respect \r\n                                              of Securities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) For the purposes of this Act a \r\n                                              security must &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) be given either by an insurer \r\n                                              approved by the Minister or by a \r\n                                              person, company or body of persons \r\n                                              approved by the Minister carrying \r\n                                              on the business of giving \r\n                                              securities of a like kind; and</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) consist of an undertaking by \r\n                                              the giver of the security to make \r\n                                              good, subject to any conditions \r\n                                              contained therein, any failure by \r\n                                              the owner of any passenger or \r\n                                              other motor vehicle or such other \r\n                                              persons or classes of person as \r\n                                              may be specified in the security \r\n                                              duly to discharge any such \r\n                                              liability as is required to be \r\n                                              covered by a policy of insurance \r\n                                              issued under the provisions of \r\n                                              this Act which may be incurred by \r\n                                              him or them, and such security \r\n                                              shall in the case of an \r\n                                              undertaking relating to the use of \r\n                                              a passenger vehicle be up to an \r\n                                              amount of not less than \r\n                                              twenty-five thousand pounds and in \r\n                                              other case of not less than five \r\n                                              thousand pounds.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) A security shall be of no \r\n                                              effect for the purposes of this \r\n                                              Act unless and until there is \r\n                                              issued by the person giving the \r\n                                              security to the person to whom it \r\n                                              is given a certificate, in this \r\n                                              Act referred to as a certificate \r\n                                              of security, in the prescribed \r\n                                              form and containing such \r\n                                              particulars of any conditions \r\n                                              subject to which the security is \r\n                                              issued and of such other matters \r\n                                              as may be prescribed.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 8&#8212;Certain Conditions in \r\n                                              Policies or Securities to be of no \r\n                                              Effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Any condition in a policy or \r\n                                              security issued or given for the \r\n                                              purposes of this Act providing \r\n                                              that no liability shall arise \r\n                                              under the policy or security, or \r\n                                              that any liability so arising \r\n                                              shall cease in the event of some \r\n                                              specified thing being done or \r\n                                              omitted to be done after the \r\n                                              happening of the event giving rise \r\n                                              to a claim under the policy or \r\n                                              security, shall be of no effect in \r\n                                              connection with such claims as are \r\n                                              set out in paragraph (b) of \r\n                                              subsection (1) of section 6:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that nothing in this \r\n                                              section shall be so construed as \r\n                                              to render void any provision in a \r\n                                              policy or security requiring the \r\n                                              person insured or secured to repay \r\n                                              to the insurer or the giver of the \r\n                                              security any sums which the \r\n                                              insurer or the giver of the \r\n                                              security may have become liable to \r\n                                              pay under the policy or the \r\n                                              security and which have been \r\n                                              applied to the satisfaction of the \r\n                                              claims of third parties.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 9&#8212;Avoidance of \r\n                                              Restrictions on the Scope of \r\n                                              Policies Covering Third Party \r\n                                              Risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where a certificate of insurance \r\n                                              has been delivered under the \r\n                                              provisions of subsection (4) of \r\n                                              section 6 to the person by whom a \r\n                                              policy has been effected so much \r\n                                              of the policy as purports to \r\n                                              restrict the insurance of the \r\n                                              person insured thereby in respect \r\n                                              of any of the following matters &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) the age or physical or mental \r\n                                              condition of persons driving the \r\n                                              motor vehicle; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) the condition of the motor \r\n                                              vehicle; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) the number of persons that the \r\n                                              motor vehicle carries; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) the weight or physical \r\n                                              characteristics of the goods that \r\n                                              the motor vehicle carries; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e) the times at which or the \r\n                                              areas within which the motor \r\n                                              vehicle is used; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (f) the horsepower or value of the \r\n                                              motor vehicle; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (g) the carrying on the motor \r\n                                              vehicle of any particular \r\n                                              apparatus; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (h) the carrying on the motor \r\n                                              vehicle of any particular means of \r\n                                              identification other than any \r\n                                              means of identification required \r\n                                              to be carried under the provisions \r\n                                              of the Road Traffic Ordinance, \r\n                                              1952,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              shall, in respect of such \r\n                                              liabilities as are required to be \r\n                                              covered by a policy under \r\n                                              paragraph (b) of subsection (1) of \r\n                                              section 6, be of no effect:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that nothing in this \r\n                                              section shall require an insurer \r\n                                              to pay any sum in respect of the \r\n                                              liability of any person otherwise \r\n                                              than in or towards the discharge \r\n                                              of that liability and any sum paid \r\n                                              by an insurer in or towards the \r\n                                              discharge of the liability of any \r\n                                              person which is covered by the \r\n                                              policy by virtue only of this \r\n                                              section shall be recoverable by \r\n                                              the insurer from that person.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 10&#8212;Duty of Insurers to \r\n                                              Satisfy Judgments Against Persons \r\n                                              Insured in Respect of Third Party \r\n                                              Risks.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) If after a certificate of \r\n                                              insurance has been delivered under \r\n                                              the provisions of subsection (4) \r\n                                              of section 6 to the person by whom \r\n                                              a policy has been effected \r\n                                              judgment in respect of any such \r\n                                              liability as is required to be \r\n                                              covered by a policy issued under \r\n                                              the provisions of paragraph (b) of \r\n                                              subsection (1) of section 6, being \r\n                                              a liability covered by the terms \r\n                                              of the policy, is obtained against \r\n                                              any person insured by the policy \r\n                                              then, notwithstanding that the \r\n                                              insurer may be entitled to avoid \r\n                                              or cancel or may have avoided or \r\n                                              cancelled the policy, the insurer \r\n                                              shall, subject to the provisions \r\n                                              of this section, pay to the \r\n                                              persons entitled to the benefit of \r\n                                              such judgment any sum payable \r\n                                              thereunder in respect of the \r\n                                              liability including any sum \r\n                                              payable in respect of costs and \r\n                                              any sums payable by virtue of any \r\n                                              written law in respect of interest \r\n                                              on that sum or judgment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) No sum shall be payable by an \r\n                                              insurer under the provisions of \r\n                                              subsection (1) &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) in respect of any judgment \r\n                                              unless before or within fourteen \r\n                                              days after the commencement of the \r\n                                              proceedings in which the judgment \r\n                                              was given the insurer had notice \r\n                                              of the bringing of the \r\n                                              proceedings; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) in respect of any judgment so \r\n                                              long as execution thereon is \r\n                                              stayed pending an appeal; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) in connection with any \r\n                                              liability if before the happening \r\n                                              of the event, which was the cause \r\n                                              of the death or bodily injury \r\n                                              giving rise to the liability, the \r\n                                              policy was cancelled by mutual \r\n                                              consent or by virtue of any \r\n                                              provision contained therein and \r\n                                              either &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              before the happening of such event \r\n                                              the certificate of insurance was \r\n                                              surrendered to the insurer, or the \r\n                                              person to whom the certificate of \r\n                                              insurance was delivered made a \r\n                                              statutory declaration stating that \r\n                                              the certificate of insurance had \r\n                                              been lost or destroyed and so \r\n                                              could not be surrendered; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) after the happening of such \r\n                                              event but before the expiration of \r\n                                              fourteen days from the taking \r\n                                              effect of the cancellation of the \r\n                                              policy the certificate of \r\n                                              insurance was surrendered to the \r\n                                              insurer, or the person to whom the \r\n                                              certificate of insurance was \r\n                                              delivered made a statutory \r\n                                              declaration that the certificate \r\n                                              of insurance had been lost or \r\n                                              destroyed and so could not be \r\n                                              surrendered; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) either before or after the \r\n                                              happening of the event or within a \r\n                                              period of fourteen days from the \r\n                                              taking effect of the cancellation \r\n                                              of the policy the insurer had \r\n                                              commenced&nbsp; proceedings under this \r\n                                              Act in respect of the failure to \r\n                                              surrender the certificate of \r\n                                              insurance. </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) No sum shall be payable by an \r\n                                              insurer under the provisions of \r\n                                              this section if in an action \r\n                                              commenced before or within three \r\n                                              months after the commencement of \r\n                                              the proceedings in which the \r\n                                              judgment was given he has obtained \r\n                                              a declaration that apart from any \r\n                                              provision contained in the policy, \r\n                                              he is entitled to avoid it on the \r\n                                              ground that it was obtained by the \r\n                                              non-disclosure of a material fact \r\n                                              or by a representation of fact \r\n                                              which was false in a material \r\n                                              particular or if he has avoided \r\n                                              the policy on the ground that he \r\n                                              was entitled to do so apart from \r\n                                              any provision contained in it:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Provided that an insurer who has \r\n                                              obtained such a declaration in an \r\n                                              action shall not thereby be \r\n                                              entitled to the benefit of the \r\n                                              provisions of this subsection in \r\n                                              respect of any judgment obtained \r\n                                              in any proceedings commenced \r\n                                              before the commencement of that \r\n                                              action unless before or within \r\n                                              seven days after the commencement \r\n                                              of that action he has given notice \r\n                                              thereof to the person who is \r\n                                              plaintiff in the action under the \r\n                                              policy specifying the \r\n                                              non-disclosure or false \r\n                                              representation on which he \r\n                                              proposes to rely and that he \r\n                                              intends to seek a declaration and \r\n                                              any person to whom notice of such \r\n                                              action is given may, if he \r\n                                              desires, be made a party thereto.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) If the amount which an insurer \r\n                                              under the provisions of this \r\n                                              section becomes liable to pay in \r\n                                              respect of the liability of a \r\n                                              person insured by a policy exceeds \r\n                                              the amount for which he would, \r\n                                              apart from the provisions of this \r\n                                              section, be liable to pay under \r\n                                              the policy in respect of that \r\n                                              liability he shall be entitled to \r\n                                              recover the excess from that \r\n                                              person.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) In this section&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;liability covered by the terms of \r\n                                              the policy&quot; means a liability \r\n                                              which is covered by the policy or \r\n                                              which would be so covered were it \r\n                                              not that the insurer is entitled \r\n                                              to avoid or cancel or has avoided \r\n                                              or cancelled the policy; and</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;material&quot; means of such a nature \r\n                                              as to influence the judgment of a \r\n                                              prudent insurer in determining \r\n                                              whether he will accept the risk \r\n                                              and if so, at what premium and on \r\n                                              what conditions.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 11&#8212;Rights of Third Parties \r\n                                              against Insurers.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) Where under a policy issued \r\n                                              for the purposes of this Act a \r\n                                              person, hereinafter referred to as \r\n                                              the insured, is insured against \r\n                                              liabilities to third parties which \r\n                                              he may incur, then &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) in the event of the insured \r\n                                              becoming bankrupt or making a \r\n                                              composition or arrangement with \r\n                                              his creditors; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) in the event of the insured \r\n                                              being a company and a winding-up \r\n                                              order being made or a resolution \r\n                                              for the voluntary winding-up of \r\n                                              the company being passed in \r\n                                              respect of the company or a \r\n                                              receiver or manager of the \r\n                                              company''s business or undertaking \r\n                                              being duly appointed or in the \r\n                                              event of possession being taken by \r\n                                              or on behalf of the holders of any \r\n                                              debentures secured by a floating \r\n                                              charge, or any property comprised \r\n                                              in or subject to the change,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              if either before or after either \r\n                                              event any such liability is \r\n                                              incurred by the insured his rights \r\n                                              against the insurer under the \r\n                                              policy in respect of that \r\n                                              liability shall, notwithstanding \r\n                                              anything in any written law to the \r\n                                              contrary contained, be transferred \r\n                                              to and vest in the third party to \r\n                                              whom the liability was so \r\n                                              incurred. </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Where under the provisions of \r\n                                              any law an order is made for the \r\n                                              administration in bankruptcy of \r\n                                              the estate of a deceased debtor \r\n                                              then if any debt, which may be \r\n                                              proved in bankruptcy, is owing by \r\n                                              the deceased in respect of a \r\n                                              liability against which he was \r\n                                              insured under a policy issued for \r\n                                              the purposes of this Act as being \r\n                                              a liability to a third party then \r\n                                              the rights of the deceased debtor \r\n                                              against the insurer under that \r\n                                              policy shall, notwithstanding \r\n                                              anything in any law to the \r\n                                              contrary contained, be transferred \r\n                                              to and vest in the person to whom \r\n                                              the debt is owing.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) Any condition in a policy \r\n                                              issued for the purposes of this \r\n                                              Act purporting directly or \r\n                                              indirectly to avoid the policy or \r\n                                              to alter the rights of the parties \r\n                                              thereunder upon the happening of \r\n                                              any of the events specified in \r\n                                              subsections (1) and (2) shall be \r\n                                              of no effect. </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) Upon a transfer of rights \r\n                                              under subsection (1) or subsection \r\n                                              (2) the insurer shall, subject to \r\n                                              the provisions of section 13, be \r\n                                              under the same liability to the \r\n                                              third party as he would have been \r\n                                              under to the insured save that &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) if the liability of the \r\n                                              insurer to the insured exceeds the \r\n                                              liability of the insured to the \r\n                                              third party nothing in this Act \r\n                                              shall affect the right of the \r\n                                              insured against the insurer in \r\n                                              respect of such excess; and</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) if the liability of the \r\n                                              insurer to the insured is less \r\n                                              than the liability of the insured \r\n                                              to the third party nothing in this \r\n                                              Act shall affect the rights of the \r\n                                              third party against the insured in \r\n                                              respect of the balance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) The provisions of this section \r\n                                              and of sections 12 and 13 shall \r\n                                              not apply&#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) where a company is wound up \r\n                                              voluntarily merely for the \r\n                                              purposes of reconstruction or of \r\n                                              amalgamation with another company; \r\n                                              or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Cap 94.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) to any case to which the \r\n                                              provisions of section 26 of the \r\n                                              Workmen''s Compensation Ordinance \r\n                                              applies.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (6) For the purposes of this \r\n                                              section and of sections 12 and 13 \r\n                                              the expression &quot;liabilities to \r\n                                              third parties&quot; in relation to a \r\n                                              person insured under a policy of \r\n                                              insurance shall not include any \r\n                                              liability of that person in the \r\n                                              capacity of insurer under some \r\n                                              other policy of insurance.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 12&#8212;Duty to Give \r\n                                              Information to Third Parties.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) Any person against whom a \r\n                                              claim is made in respect of any \r\n                                              liability required to be covered \r\n                                              by a policy under the provisions \r\n                                              of this Act shall on demand by or \r\n                                              on behalf of the person making \r\n                                              such claim state whether or not he \r\n                                              was insured in respect of that \r\n                                              liability by any policy having \r\n                                              effect for the purposes of this \r\n                                              Act or would have been so insured \r\n                                              if the insurer had not cancelled \r\n                                              or avoided the policy and, if he \r\n                                              were or would have been so \r\n                                              insured, give such particulars \r\n                                              with regard to that policy as were \r\n                                              specified in the certificate of \r\n                                              insurance issued to him in respect \r\n                                              thereof.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) In the event of any person \r\n                                              becoming bankrupt or making a \r\n                                              composition or arrangement with \r\n                                              his creditors or in the event of \r\n                                              an order being made under the \r\n                                              provisions of any law relating to \r\n                                              bankruptcy in respect of the \r\n                                              estate of any person or in the \r\n                                              case of a winding-up order being \r\n                                              made or a resolution for a \r\n                                              voluntary winding-up being passed \r\n                                              with respect to any company or of \r\n                                              a receiver or manager of the \r\n                                              company''s business or undertaking \r\n                                              being duly appointed or of \r\n                                              possession being taken, by or on \r\n                                              behalf of the holders of any \r\n                                              debentures secured by a floating \r\n                                              charge, of any property comprised \r\n                                              in or subject to the charge, it \r\n                                              shall be the duty of the bankrupt \r\n                                              debtor, personal representative of \r\n                                              the deceased debtor and, as the \r\n                                              case may be, of the official \r\n                                              assignee, trustee, liquidator, \r\n                                              receiver, manager or person in \r\n                                              possession of the property to give \r\n                                              at the request of any person \r\n                                              claiming in respect of a liability \r\n                                              to him such information as may \r\n                                              reasonably be required to \r\n                                              ascertain whether any rights have \r\n                                              been transferred to and vested in \r\n                                              him under the provisions of this \r\n                                              Act, and for the purpose of \r\n                                              enforcing such rights, and any \r\n                                              contract of insurance in so far as \r\n                                              it purports either directly or \r\n                                              indirectly to avoid the contract \r\n                                              or to alter the rights of the \r\n                                              parties thereunder upon the giving \r\n                                              of any such information or \r\n                                              otherwise to prohibit, prevent or \r\n                                              limit the giving of such \r\n                                              information shall be of no effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) If the information given to \r\n                                              any person in pursuance of the \r\n                                              provisions of subsection (2) \r\n                                              discloses reasonable grounds of \r\n                                              belief that rights have or may \r\n                                              have been transferred to him under \r\n                                              the provisions of this Act against \r\n                                              any particular insurer that \r\n                                              insurer shall be subject to the \r\n                                              same duty as is imposed by \r\n                                              subsection (2) on the persons \r\n                                              therein mentioned.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) The duty imposed by this \r\n                                              section to give information shall \r\n                                              include a duty to allow all \r\n                                              contracts of insurance, receipts \r\n                                              for premiums and other relevant \r\n                                              documents in the possession, power \r\n                                              or control of the persons on whom \r\n                                              the duty is so imposed to be \r\n                                              inspected and copies thereof to be \r\n                                              taken.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) Any person who, without \r\n                                              reasonable excuse, the onus of \r\n                                              proving which shall be upon him, \r\n                                              fails to comply with the \r\n                                              provisions of this section or who \r\n                                              wilfully or negligently makes any \r\n                                              false or misleading statement in \r\n                                              reply to a demand for information, \r\n                                              shall be guilty of an offence \r\n                                              against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 13&#8212;Certain Settlements \r\n                                              Between Insurer and Insured to be \r\n                                              of No Effect.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where a person who is insured \r\n                                              under a policy issued for the \r\n                                              purposes of this Act has become \r\n                                              bankrupt or where such insured \r\n                                              person being a company a \r\n                                              winding-up order has been made or \r\n                                              a resolution for a voluntary \r\n                                              winding-up has been passed with \r\n                                              respect to that company, no \r\n                                              agreement made between the insurer \r\n                                              and the insured after liability \r\n                                              has been incurred to a third party \r\n                                              and after the commencement of the \r\n                                              bankruptcy or the winding-up, as \r\n                                              the case may be, nor any waiver, \r\n                                              assignment or other disposition \r\n                                              made by or payment made to the \r\n                                              insured after such commencement \r\n                                              shall be effective to defeat or \r\n                                              affect the rights transferred to \r\n                                              or vested in the third party under \r\n                                              the provisions of this Act and \r\n                                              such rights shall be the same as \r\n                                              if no such agreement, waiver, \r\n                                              assignment, disposition or payment \r\n                                              had been made.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 14&#8212;Bankruptcy, Etc., of \r\n                                              Insured Persons not to Affect \r\n                                              Certain Claims.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where under the provisions of this \r\n                                              Act a certificate of insurance has \r\n                                              been delivered to the person by \r\n                                              whom a policy has been effected \r\n                                              the happening in relation to any \r\n                                              person insured by the policy of \r\n                                              any of the events specified in \r\n                                              subsection (1) or subsection (2) \r\n                                              of section 11, notwithstanding \r\n                                              anything in this Act contained, \r\n                                              shall not affect any such \r\n                                              liability of that person as is \r\n                                              required to be covered by a policy \r\n                                              under the provisions of this Act, \r\n                                              and nothing in this section shall \r\n                                              affect any rights against the \r\n                                              insurer conferred under the \r\n                                              provisions of sections 11, 12 and \r\n                                              13 on the person to whom the \r\n                                              liability was incurred.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 15&#8212;Further Rights of Third \r\n                                              Parties Against Insurers.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) No settlement made by an \r\n                                              insurer in respect of any claim \r\n                                              which might be made by a third \r\n                                              party in respect of any liability \r\n                                              as is required to be covered by a \r\n                                              policy issued under the provisions \r\n                                              of this Act shall be valid unless \r\n                                              such third party is a party to \r\n                                              such settlement.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) A policy issued under the \r\n                                              provisions of this Act shall \r\n                                              remain in force and available for \r\n                                              third parties notwithstanding the \r\n                                              death of any person insured under \r\n                                              such policy as if such insured \r\n                                              person were still alive.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 16&#8212;Duty to Surrender \r\n                                              Certificate on Cancellation of \r\n                                              Policy.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where a certificate of insurance \r\n                                              has been delivered under the \r\n                                              provisions of this Act to the \r\n                                              person by whom a policy has been \r\n                                              effected and the policy is \r\n                                              cancelled by mutual consent or by \r\n                                              virtue of any provision in the \r\n                                              policy, the person to whom such \r\n                                              certificate was delivered shall, \r\n                                              within seven days from the taking \r\n                                              effect of the cancellation of such \r\n                                              policy, surrender such certificate \r\n                                              to the insurer or if such \r\n                                              certificate has been lost or \r\n                                              destroyed make a statutory \r\n                                              declaration to that effect and any \r\n                                              person contravening the provisions \r\n                                              of this section shall be guilty of \r\n                                              an offence against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 17&#8212;Certificate to be \r\n                                              Produced.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) Any person driving a motor \r\n                                              vehicle on a highway shall, on \r\n                                              being so required by a police \r\n                                              officer, give his name and address \r\n                                              and the name and address of the \r\n                                              owner of the motor vehicle and \r\n                                              shall produce his certificate of \r\n                                              insurance and any person \r\n                                              contravening the provisions of \r\n                                              this subsection shall be guilty of \r\n                                              an offence against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) In any case where owing to the \r\n                                              presence of a motor vehicle on a \r\n                                              highway an accident occurs \r\n                                              involving bodily injury to any \r\n                                              person the driver of the motor \r\n                                              vehicle shall produce his \r\n                                              certificate of insurance to a \r\n                                              police officer or to any person \r\n                                              having reasonable grounds for \r\n                                              requiring its production and if \r\n                                              any such driver for any reason \r\n                                              fails so to produce his \r\n                                              certificate of insurance he shall \r\n                                              so soon as possible, and in any \r\n                                              case within twenty-four hours of \r\n                                              the occurrence, report the \r\n                                              accident and produce his \r\n                                              certificate of insurance to the \r\n                                              police station nearest to the \r\n                                              scene of the accident or to the \r\n                                              nearest administrative officer and \r\n                                              any person contravening the \r\n                                              provisions of this subsection \r\n                                              shall be guilty of an offence \r\n                                              against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              No. 55 of 1952</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) The provisions of this section \r\n                                              shall be in addition to and not in \r\n                                              derogation of the provisions of \r\n                                              section 23 of the Road Traffic \r\n                                              Ordinance, 1952.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) In this section &quot;to produce a \r\n                                              certificate of insurance&quot; means to \r\n                                              produce for examination the \r\n                                              relevant certificate of insurance \r\n                                              or certificate of security or such \r\n                                              other evidence as may be \r\n                                              prescribed that the motor vehicle \r\n                                              was not being driven in \r\n                                              contravention of the provisions of \r\n                                              this Act</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) In this section &quot;police \r\n                                              officer&quot; includes a member of the \r\n                                              Ghana Police Force, a member of a \r\n                                              police force established and \r\n                                              maintained by a local authority, \r\n                                              and an administrative officer.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 18&#8212;Duty of Owner to Give \r\n                                              Information.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              An owner of a motor vehicle shall \r\n                                              give such information as may be \r\n                                              required by a police officer for \r\n                                              the purpose of determining whether \r\n                                              the motor vehicle was or was not \r\n                                              being driven in contravention of \r\n                                              the provisions of this Act on any \r\n                                              occasion on which the driver was \r\n                                              required to produce his \r\n                                              certificate and any owner failing \r\n                                              so to do shall be guilty of an \r\n                                              offence against this Act.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 19&#8212;Deposits.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Where a sum is deposited by any \r\n                                              person under the provisions of \r\n                                              section 5 or as a condition of \r\n                                              approval by the Minister under the \r\n                                              provisions of section 6 or section \r\n                                              7 neither that sum nor any part \r\n                                              thereof shall, so long as any \r\n                                              liability being a liability \r\n                                              required to be covered by a policy \r\n                                              of insurance under this Act which \r\n                                              has been incurred by such person \r\n                                              remains undischarged or otherwise \r\n                                              unprovided for, be applicable in \r\n                                              discharge of any other liabilities \r\n                                              incurred by such person.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 20&#8212;Offences.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) If any person for the purpose \r\n                                              of obtaining a certificate of \r\n                                              insurance or a certificate of \r\n                                              security under the provisions of \r\n                                              this Act makes any statement \r\n                                              either oral or written which is \r\n                                              false or misleading or withholds \r\n                                              any material information such \r\n                                              person shall, unless he proves to \r\n                                              the satisfaction of the Court that \r\n                                              he acted without any intent to \r\n                                              deceive, be guilty of an offence \r\n                                              against this Act and be liable, on \r\n                                              conviction, to a fine not \r\n                                              exceeding two hundred pounds or to \r\n                                              imprisonment for two years or to \r\n                                              both such fine and imprisonment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Any person who with intent to \r\n                                              deceive &#8212;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) forges, alters, defaces or \r\n                                              mutilates any certificate of \r\n                                              insurance or certificate of \r\n                                              security or any other certificate \r\n                                              or document issued under this Act; \r\n                                              or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) uses or allows to be used by \r\n                                              any other person any forged, \r\n                                              altered, defaced or mutilated \r\n                                              certificate of insurance or \r\n                                              certificate of security or any \r\n                                              other certificate or document \r\n                                              issued under this Act; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) lends to or borrows from any \r\n                                              other person a certificate of \r\n                                              insurance or a certificate of \r\n                                              security or any other certificate \r\n                                              or document issued under the \r\n                                              provisions of this Act; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) makes or has in his possession \r\n                                              any document so closely resembling \r\n                                              any certificate or document issued \r\n                                              under the provisions of this Act \r\n                                              as to be calculated to deceive; or</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e)&nbsp; issues any certificate of \r\n                                              insurance or certificate of \r\n                                              security or other certificate or \r\n                                              document to be issued under the \r\n                                              provisions of this Act,</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              shall be guilty of an offence and \r\n                                              liable on conviction, to a fine \r\n                                              not exceeding two hundred pounds \r\n                                              or to imprisonment for two years \r\n                                              or to both such fine and \r\n                                              imprisonment.&nbsp; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) If any police officer has \r\n                                              reasonable cause to believe that \r\n                                              any certificate of insurance or \r\n                                              certificate of security or any \r\n                                              other certificate or document \r\n                                              produced to him in pursuance of \r\n                                              the provisions of this Act by the \r\n                                              driver or owner of a motor vehicle \r\n                                              is a document in relation to which \r\n                                              an offence under this section has \r\n                                              been committed he may seize the \r\n                                              document and when any such \r\n                                              document is so seized the driver \r\n                                              and the owner of such motor \r\n                                              vehicle or either of them shall, \r\n                                              if neither of them has been \r\n                                              charged with an offence under the \r\n                                              provisions of this section, be \r\n                                              summoned before a magistrate to \r\n                                              account for the possession of or \r\n                                              the presence on the motor vehicle \r\n                                              of the said document and the \r\n                                              magistrate may make such order \r\n                                              respecting the disposal of the \r\n                                              document and award such costs as \r\n                                              he may deem just.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 21&#8212;Application of Act to \r\n                                              Securities.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) The provisions of this Act \r\n                                              shall apply in relation to \r\n                                              securities or to cash deposits and \r\n                                              any certificate or document issued \r\n                                              in respect thereof, issued or made \r\n                                              in accordance with the provisions \r\n                                              of this Act as such provisions \r\n                                              apply in relation to policies of \r\n                                              insurance and in relation to any \r\n                                              such security or cash deposit and \r\n                                              any certificate or document issued \r\n                                              in respect thereof and references \r\n                                              in this Act to being insured, to a \r\n                                              certificate of insurance, to an \r\n                                              insurer and to persons insured \r\n                                              shall be construed as references \r\n                                              to the having in force of the \r\n                                              security or of the cash deposit, \r\n                                              to the certificate of security or \r\n                                              other certificate or document \r\n                                              issued in respect of a cash \r\n                                              deposit, to the giver of the \r\n                                              security or the person making the \r\n                                              cash deposit and to the persons \r\n                                              whose liability is covered by the \r\n                                              security or the cash deposit.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) In this Act references to a \r\n                                              certificate of insurance in any \r\n                                              provisions relating to the \r\n                                              surrender or loss or destruction \r\n                                              of a certificate shall, in \r\n                                              relation to policies under which \r\n                                              more than one certificate is \r\n                                              issued be construed as references \r\n                                              to all or any of such certificates \r\n                                              and shall, where any copy of a \r\n                                              certificate has been issued, be \r\n                                              construed as including a reference \r\n                                              to such copy.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 22&#8212;General Penalty.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Any person who is guilty of an \r\n                                              offence against this Act for which \r\n                                              no special penalty is provided \r\n                                              shall, on conviction, be liable in \r\n                                              respect of a first conviction, to \r\n                                              a fine not exceeding fifty pounds \r\n                                              or six months imprisonment or to \r\n                                              both such fine and imprisonment \r\n                                              and in the case of a second or \r\n                                              subsequent conviction to a fine of \r\n                                              one hundred pounds or to \r\n                                              imprisonment for one year or to \r\n                                              both such fine and imprisonment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 23&#8212;Power to make \r\n                                              Regulations.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The Governor-General may make \r\n                                              regulations for prescribing \r\n                                              everything which may be prescribed \r\n                                              under the provisions of this Act \r\n                                              and generally for the purpose of \r\n                                              putting this Act into effect and \r\n                                              in particular but without \r\n                                              prejudice to the generality of the \r\n                                              foregoing provisions may make \r\n                                              regulations&#8212; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (a) prescribing the forms to be \r\n                                              used for the purposes of this \r\n                                              Act;&nbsp; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (b) declaring approved insurers;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) prescribing the requirements \r\n                                              in relation to securities either \r\n                                              generally or in particular case;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (d) as to application for and the \r\n                                              issue of certificates of insurance \r\n                                              and any other documents which may \r\n                                              be prescribed and as to the \r\n                                              keeping of records of documents \r\n                                              and the furnishing of particulars \r\n                                              thereof and the giving of \r\n                                              information with respect thereto;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (e) as to the issue of copies of \r\n                                              any certificates or documents \r\n                                              which are lost, mutilated or \r\n                                              destroyed</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (f)&nbsp; as to the custody, \r\n                                              production, cancellation and \r\n                                              surrender of any such certificates \r\n                                              or other documents; </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (g) for providing that any of the \r\n                                              provisions of this Act shall, in \r\n                                              relation to motor vehicles brought \r\n                                              into Ghana by persons making only \r\n                                              a temporary stay in Ghana, have \r\n                                              effect subject to such \r\n                                              modifications and adaptations as \r\n                                              may be prescribed;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (h) with respect to the payment of \r\n                                              deposits and the documents to be \r\n                                              issued in relation thereto and the \r\n                                              investments thereof and dealing \r\n                                              with the deposit of stocks or \r\n                                              other securities in lieu of money, \r\n                                              the payment of the interest or \r\n                                              dividends from time to time \r\n                                              accruing due on any securities in \r\n                                              which deposits may be for the time \r\n                                              invested and the withdrawal and \r\n                                              transfer of deposits;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              prescribing fees to be charged in \r\n                                              respect of anything done under the \r\n                                              provisions of this Act;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              (j) prescribing penalties for the \r\n                                              breach of any regulations made \r\n                                              hereunder not exceeding a fine of \r\n                                              two hundred pounds or imprisonment \r\n                                              for two years or both such fine \r\n                                              and imprisonment.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 24&#8212;Repeal.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Cap. 229.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The Motor Vehicles (Third Party \r\n                                              Insurance) Ordinance is hereby \r\n                                              repealed.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              This printed impression has been \r\n                                              carefully compared by me with the \r\n                                              Bill which has passed the National \r\n                                              Assembly, and found by me to be a \r\n                                              true and correctly printed copy of \r\n                                              the said Bill.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              K. B. AYENSU</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Clerk of the National Assembly.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              MOTOR VEHICLES (THIRD PARTY \r\n                                              INSURANCE) (ECOWAS BROWN CARD) \r\n                                              LAW, 1986 (PNDCL 141)</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ARRANGEMENT OF SECTIONS</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              1. Articles to have Force of Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              2. Act No.42 of 1958 Modified.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              SCHEDULE</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Schedule</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              WHEREAS a Protocol entitled \r\n                                              Protocol on the Establishment of \r\n                                              an Ecowas Brown Card Relating to \r\n                                              Motor Vehicle Third Party \r\n                                              Liability Insurance the fact of \r\n                                              which is set out in the Schedule \r\n                                              to this Law, and in this Law \r\n                                              referred to as &quot;the Cotonou \r\n                                              Protocol&quot; was signed on behalf of \r\n                                              the Government of Ghana in Cotonou \r\n                                              on the 29th day of May, 1982, and \r\n                                              ratified by the said Government on \r\n                                              the 2nd day of March, 1985;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              AND WHEREAS the Cotonou Protocol \r\n                                              provided for the establishment of \r\n                                              a common system for the settlement \r\n                                              of claims arising in international \r\n                                              motor vehicle traffic in the \r\n                                              Economic Community of West African \r\n                                              States, and for the harmonization \r\n                                              between the member State parties \r\n                                              to the Cotonou Protocol of the \r\n                                              laws and regulations governing \r\n                                              liability to third parties in \r\n                                              respect of motor vehicle \r\n                                              accidents;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              AND WHEREAS it is decided to give \r\n                                              effect to the Cotonou Protocol and \r\n                                              to provide, so far as necessary, \r\n                                              that its provisions shall have the \r\n                                              force of law in Ghana;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              NOW, THEREFORE IN PURSUANCE of the \r\n                                              Provisional National Defence \r\n                                              Council (Establishment) \r\n                                              Proclamation, 1981, this Law is \r\n                                              hereby made:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 1&#8212;Articles to have Force \r\n                                              of Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Articles 1, 2, 3, 4, and 5 of the \r\n                                              Cotonou Protocol (relating to \r\n                                              Structure of the Ecowas Brown Card \r\n                                              Scheme, Participants in the \r\n                                              Scheme, Responsibility of \r\n                                              participants, the Ecowas Brown \r\n                                              Card and the National Bureau \r\n                                              respectively) shall have the force \r\n                                              of Law in Ghana.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Section 2&#8212;Act No.42 of 1958 \r\n                                              Modified.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              The Motor Vehicles (Third Party \r\n                                              Insurance) Act, 1958 (No. 42 of \r\n                                              1958) shall be construed with such \r\n                                              modifications as may be necessary \r\n                                              to give full effect to the \r\n                                              provisions of this Law.</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              SCHEDULE</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              PROTOCOL ON THE ESTABLISHMENT OF \r\n                                              AN ECOWAS BROWN CARD RELATING TO \r\n                                              MOTOR VEHICLE THIRD PARTY \r\n                                              LIABILITY INSURANCE</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              Preamble</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              THE GOVERNMENT OF MEMBER STATES OF \r\n                                              THE ECONOMIC COMMUNITY OF WEST \r\n                                              AFRICAN STATES:</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              NOTING the rapid increase in \r\n                                              international road traffic in \r\n                                              ECOWAS member States and the \r\n                                              problems raised by such traffic in \r\n                                              regard to motor vehicle liability \r\n                                              insurance;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              CONSCIOUS of the need to \r\n                                              guarantee, for road accident \r\n                                              victims, fair and prompt \r\n                                              compensation for damage they may \r\n                                              have sustained as a result of such \r\n                                              accidents;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              ANXIOUS to facilitate, for their \r\n                                              nationals driving their vehicles \r\n                                              within the Member States, payment \r\n                                              of compensation due from them as a \r\n                                              result of accidents they may have \r\n                                              caused and to enable them comply \r\n                                              with their obligations under local \r\n                                              law or regulations on the subject;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              DESIROUS of encouraging the \r\n                                              development of trade and tourist \r\n                                              exchange between African counties;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              CONVINCED that the establishment \r\n                                              of a common system for the \r\n                                              settlement of claims arising in \r\n                                              international motor vehicle \r\n                                              traffic will lead gradually to a \r\n                                              desirable harmonisation between \r\n                                              the parties to the present \r\n                                              protocol of the laws and \r\n                                              regulations governing liability in \r\n                                              respect of motor vehicle \r\n                                              accidents;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                              WISHING to offer their insurance \r\n                                              markets an opportunity and a means \r\n                                              to develop international links and \r\n                                              exchanges, which will inevitably \r\n                                              contribute to the extension of \r\n                                              these markets;</span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">\r\n                                            