Section 14Part 0 —
Duty to surrender certificate on cancellation of policy
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Where a certificate of insurance has been issued under section 4(3) in favour of the person by whom a policy has been effected and the policy is cancelled by mutual consent or by virtue of any provision in the policy, the person in whose favour the certificate was issued shall, within seven days from the taking effect of the cancellation, surrender the certificate to the insurer or, if it has been lost or destroyed, make a statutory declaration to that effect, and whoever fails to comply with this section commits an offence and is liable on summary conviction to a fine of one thousand dollars.