Decision ID: 000068

In May 1982 the 1971 Fund Executive Committee agreed with the Director that it was not necessary to discuss the legal problem of establishing the date (which is not specified in the 1971 Fund Convention) on which the Fund’s upper limit of 675 million (gold) francs had to be converted into national currencies if not all claimants agreed on a distribution plan to be suggested by the Director.

Date: 30.04.1982
Category: Financial limits, limitation proceedings and indemnification
Subject: Maximum aggregate amount payable under the Conventions in accordance with Article 4.4 of the 1971 and 1992 Fund Conventions