76
THE NEW ZEALAND GAZETTE.

been abandoned, and all moneys paid thereunder
forfeited.

19. Upon payment of the money payable in respect
    of any accepted proposal, the said Commissioner shall
    cause to be issued and delivered to the Proposer a
    contract in the form applicable to the particular
    transaction.

20. Policies shall become void if the statements of
    the proposer, as set forth in the proposal, or of the
    person or persons examined by the Medical Ex-
    aminer, as set forth in the medical examination, or
    any of such statements respectively, be untrue, or if
    any other paper or statement furnished by the pro-
    poser, or at his instance, on the faith of which the
    policy may have been issued, shall at any time be
    found to contain any wilfully untrue statement; or
    if there shall at any time be or have been any
    fraudulent concealment from the Commissioner of
    any important particular.

Policies shall become void if payment of the annual
or other premium be not made within twenty-one
days from the date stipulated in the policy; but such
policies may be revived at any period not exceeding
six calendar months after their expiration, on satis-
factory proof being given of the unimpaired health
of the person whose life is assured, and on payment
of the premiums then in arrear, together with a fine
not exceeding one-half per centum on the sum
assured.

The sum assured under the policy will be paid in
case of the death of the person whose life is assured
during the days of grace (twenty-one days) notwith-
standing the non-payment of the premium; but the
amount so remaining unpaid shall be deducted from
the sum assured at settlement.

Policies shall become void if the person whose life
is assured shall go on the high seas in a vessel not
whole decked or seaworthy, or less than fifty tons
register, or shall proceed to any part of the globe
within thirty-one degrees south of the equator or
within thirty-three degrees north of the equator
(except in passing or repassing direct by sea only, in
time of peace, between any part of the Australasian
Colonies and any part of Europe), or shall during
actual warfare go beyond the limits of the Austral-
asian Colonies: Provided that there shall be no
forfeiture on account of residence, if the person
whose life is assured shall reside in any part of the
Australasian Colonies, distant not less than twenty-
five degrees south of the equator, or in any place
expressly sanctioned by the Commissioner. The
term Australasian Colonies, where used in this con-
dition, shall include Tasmania and New Zealand.

Policies shall become void if the person whose life
is assured shall be actually employed in any military
or naval service whatever, except such as may for
the time being be in the employment of the Govern-
ment of the Colony, or shall engage in any seafaring
occupation unless special permission shall in any of
the said cases have been granted by the Commis-
sioner, which permission may be obtained on payment
of such extra premium as the Commissioner may
deem adequate to the risk incurred.

If the person whose life is assured shall go beyond
the limits allowed, or become a seafaring person, or
engage in any military or naval service other than
aforesaid, before notice thereof shall have been given
to the Commissioner, the policy shall not become
void if the person or one of the persons beneficially
interested therein shall give notice to the Commis-
sioner of such fact as soon as it comes to his
knowledge, and shall pay the additional premium
that would have been required if such fact had been
made known to the Commissioner at the time it had
occurred.

Policies shall become void if the person whose life
is assured shall die by his own hand, or by duelling,
or by the hands of justice; but the Commissioner
shall be bound in these cases to pay such sum as
would have been paid as the surrender value on the
day previous to the decease of the life assured.

Neither policies which have been bona fide assigned
to third parties for valuable consideration, and of
which assignments notice shall have been given to
the Commissioner not less than one month previous
to death, nor policies effected by one person on the
life of another, shall be subject to such forfeiture.

On claims being made, reasonable proof of the
time of birth shall be required, unless age shall
already have been admitted by the Commissioner.

On the death of any person whose life is assured,
notice in writing of such death shall be immediately
given to the Commissioner, and the amount assured
shall not be payable until proofs of identity and
death of the person or persons upon whose life or
lives the assurance has been effected shall have been
supplied to the satisfaction of the Commissioner, and
until the Policy, duly discharged, shall have been
delivered to the Commissioner or other duly appointed
officer.

21. No contract made under the provisions of the
    said Acts is to be in force as against the said Com-
    missioner until the first moneys payable thereunder,
    by or on behalf of the Assured, shall have been
    actually paid.

22. In case the person who has contracted for any
    Endowment shall happen to die before the whole of
    the premiums payable under the contract shall have
    been paid, and by reason of such death the premiums
    thereafter payable shall not be duly paid, the said
    Commissioner shall, on the person in whose favour
    such contract shall have been effected attaining the
    age at which but for such failure of agreement the
    Endowment would have become payable, pay over to
    or for the benefit of such person the surrender value
    of such contract at the date at which the same had
    become void by such non-payment of premiums as
    aforesaid.

23. If the said Commissioner shall (either at the
    time of the making of the contract or afterwards,
    and before the moneys payable thereunder to the
    Assured shall become payable) be satisfied that
    the age or ages of the person or persons upon the
    contingency of whose life or lives the same is to be
    dependent has been correctly stated, he may indorse
    the same upon the said contract, and the age or ages
    thus admitted shall not subsequently be called in
    question.

23a. In addition to the terms and conditions upon
the performance or happening of which policies
issued under the said Acts are under the said
regulations to become void or to be subject to, the
Commissioner may cause to be inserted in or
indorsed on any policy hereafter granted under the
said Acts, any other terms and condition or con-
ditions he may think fit, upon the happening or
performing of which the said policy is to become
void or is to be subject to, and any such policy shall
be deemed subject to such terms and conditions so
inserted or indorsed.

24. (Has become inoperative.)

25. Any contract which has existed and been duly
    observed by or on behalf of the Assured for the
    period of three years may be surrendered with the
    consent of the said Commissioner, either as to the
    whole or any part of the interest of the Assured in
    such contract, who shall thereupon pay to the person
    entitled to surrender the same a sum of money equal
    to the then value of such surrendered interest accord-
    ing to such regulations as shall then be in force in
    that behalf; or, at the option of the person or persons
    entitled to make such surrender, shall grant to such