It is hereby agreed and understood that the Exception No.8.1 under
this Policy is deleted and replaced by the following exception :
.
Exception No.8.1 : any liability which arises through the ownership,
possession or use by or on behalf of the Insured of mechanically
propelled vehicles (which term shall include any other vehicles being
impelled or drawn thereby), railway rolling stocks, locomotives,
aircraft or water-borne vessels or crafts, provided that, where the
Insured is not entitled to indemnity under any other policy, this
Exception shall not apply to liability arising from :
.
1) the act of loading or unloading a mechanically propelled road
vehicle or the bringing to or taking away of a load from such
vehicle;
.
2) the defective loading by the Insured or any person in the service
of the Insured of any mechanically propelled road vehicle not
belonging to or hired by the Insured;
.
3) the ownership, possession or use by the Insured of any mechanically
propelled road vehicle which is not licensed for road use and which
is used solely on premises occupied by the Insured or on a site to
which the public have no general right of access.
.