Clause 43. — (Goods insurable under the schemes.)

Part of the debate – in the House of Commons at on 11 February 1941.

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Photo of Mr Oliver Lyttelton Mr Oliver Lyttelton , Aldershot

The point is whether the vessel is a sea-going vessel or not. If it is a sea-going vessel and is laid up for repairs, it is insured under the Marine War Risks Insurance Scheme. What my hon. Friend says is correct—there is an anomaly owing to the rates of premium. There is no anomaly in principle, because it is natural that vessels at work in inland waters should be insured under one scheme and sea-going vessels under another. There is an anomaly if the rates of premium for sea-going vessels undergoing repairs are altogether out of line with the corresponding risk. That is what we propose to put right, and the Ministry of Shipping are now discussing the matter with the interests involved.