Scope of Sec.17-Insurance of pilot's license.

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Full Text of the Document

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....s of license by pilots is taken to avoid corporations having to pay compensation to them if their licenses are withdrawn. The benefits from insurance is therefore derived by the corporations and not by the pilots. Reimbursement of the amount of premium cannot in the circumstances be treated as perquisite in the assessments of the pilots. However, if a pilot receives compensation against loss of hi....