Decision ID: 000175

In October 1991 the 1971 Fund Executive Committee agreed with the Director’s analysis regarding the method of conversion of the maximum amount payable under Article 4.4 of the 1971 Fund Convention, which was expressed in (gold) francs. The Committee instructed the Director to base the Fund’s position in the court proceedings on Fund Resolution No.1.

Date: 30.09.1991
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