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ADDITIONAL INSURANCES / PART IV / Clause 2
SANCTIONS
There shall be no provision of cover nor recovery from the Association in respect of losses or liabilities where the provision of cover (or any benefit thereunder) or a payment by the Association in respect thereof may expose the Association or an affiliated Association or their respective Managers or any branch offices thereof to the risk of being subject to any Sanction, penalty, prohibition or any adverse action by a state, international or supranational organisation or other competent authority.