Public Liability Insurance Act, 1991
Section - 4 - Duty of owner to take out insurance policies
Duty of owner to take out insurance policies.4. [(1) Every owner of any undertaking shall take out, before he starts handling any hazardous substance, one or more insurance policies for such undertaking or unit providing for contracts of insurance whereby he is insured against liability to give such relief or reimburse such amount referred to in sub-section (1) of section 3.Explanation.-For the purposes of this sub-section, it is hereby clarified that any undertaking having separate consent to operate under-
shall be treated as a separate unit:Provided that any owner handling any hazardous substance immediately before the commencement of the Jan Vishwas (Amendment of Provisions) Act, 2023 shall take out such insurance policy or policies as soon as may be and in any case within a period of one year from commencement of that Act.](2) Every owner shall get the insurance policy, referred to in sub-section (1), renewed from time to time before the expiry of the period of validity thereof so that the insurance policies may remain in f .... To read the full section download the app from Google Play store
| (i) | - | the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974); and |
| (ii) | - | the Air (Prevention and Control of Pollution) Act, 1981 (14 of 1981), |
CAclubindia
