Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsEffect of transfer of interest to which an insurance policy relates
| 31. Where the right, title and interest of any person to or in any extent of land in respect of which an insurance policy has been issued to him under this Act are transferred to any other person, the transferee shall be entitled to all the rights of the transferor under such policy and shall, from the date of the transfer, be subject to all the outstanding obligations of the transferor under such policy and shall conform to the terms and conditions of such policy. |