66E+W+SIn section 152 of that Act (duties of insurers etc: exceptions) at the end of subsection (2) there shall be added the words “ and, for the purposes of this section, “material” means of such a nature as to influence the judgment of a prudent insurer in determining whether he will take the risk and, if so, at what premium and on what conditions. ”
Commencement Information
I1Sch. 4 para. 66 wholly in force at 1.7.1992 see s. 84 and S.I. 1992/1286, art. 2, Sch.