Decision ID: 000481

In October 1995 the 1971 Fund Executive Committee decided that the Fund should not pay compensation for on-going losses due to reduced catches sustained by the owners of four small fishing vessels by way of a lump sum, but should maintain its policy of assessing and compensating such losses as and when they arose.

Date: 30.09.1995
Category: Consequential economic loss
Subject: Specific claims considered by the governing bodies