Coconut Wind-Storm Insurance Regulations, 1949.

These Regulations concern the indemnity of damage under the Coconut Insurance Act caused by wind-storm to coconut plantations. The Regulations specify criteria for payment of indemnity and for the contracting of insurance with the Coconut Industry Board. The Regulations prescribe also criteria for the establishment of the amount of indemnity to be paid and procedures for the assessment of damage. For the purposes of these Regulations, the Board shall establish a Coconut Wind-storm Insurance Fund.