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Part 1 · General part  ›  Division 3 · Premium › Section 33

Due date

(1) The policyholder must pay a single premium or, where payment of recurrent premiums has been agreed, must pay the first premium, without delay 14 days after receipt of the insurance policy.

(2) If the insurer previously collected the premium, the policyholder is not obliged to transfer the premium until requested to do so in writing by the insurer.

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