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PART V - GENERAL INSURANCE

 

21 Assignment of ranking

(1)  The Board shall in respect of every crop year assign a ranking to every insured.
(2)  Subject to subsections (3) and (4) and section 41, the ranking shall be calculated according to the formula set out in the First Schedule and the result reduced to the next lower multiple of 0.1.
(3)  Where the records of the Board are insufficient to enable it to calculate the ranking of a planter or a metayer in accordance with subsection (2), the  Board  shall  assign  the  ranking  on  such  information  as  it  has available.
(4)  Where  the  ranking  of  an  insured  is  less  than  5,  or  exceeds  15,  in  any crop year, his ranking -
(a)  shall  be  deemed  to  be  5  or  15,  as  the  case  may  be,  for  the purposes of determining the premium percentage, the first loss percentage  and  the  value  percentage  set  out  in  the  second,
third and fourth columns of the Second Schedule respectively; 
(b)  shall, for the following crop year, be calculated by reference to the ranking referred to in paragraph (a).
(5)  Where  the  Board  is  satisfied  that  the  cane  plantations  of  planters  or metayers  within  the  same  geographical  location  have  been  regrouped into a larger growing unit, the Board may assign a ranking which will be 125 per cent of the weighted average ranking of all planters or metayers within the larger growing unit immediately before the regrouping. 
Notwithstanding  section  21(4)  of  the  principal  Act,  any  insured  having  a ranking below 5 in respect of crop year starting 1 June 2006 and ending 31
May 2007 shall be assigned a ranking of 5.

[Amended 7/07; 1/12]

22 Insurable sugar of planters or metayers

(1)(a)  Subject to subsections (2) and (3) and section 27, the insurable sugar of  any  planter  or  metayer  in  respect  of  a  cane  plantation  shall  be determined  by  the  Board  and  shall  be  the  percentage,  described  in section 2 in paragraph (a) of the definition of “sugar accruing” or “sugar accrued”  of  the  product  of  the  weighted  average  sugar  yield  per hectare for the normal years on that cane plantation and the number of hectares to be harvested. (Amended by Act 17/00 - For definition see page 4*)
(b)  For the purpose of determining, in the case of changes in the acreage of a plantation, the insurable sugar per hectare of a planter in any year –
(i)    any  additional  acreage  taken  over  and  harvested  in  that year shall be deemed to have formed part of that plantation
during the preceding  8 crop years (Act 7/07).
(ii)   any acreage by which a plantation has been reduced shall be deemed not to have formed part of that plantation during

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