Decision ID: 000711

In February 1997 the 1971 Fund Executive Committee decided that the Fund’s payments should for the time being remain limited to 75% of the damage actually suffered by the respective claimants as assessed by the Fund’s experts. The Committee also decided that the matter should be reviewed at its 53rd (April 1997) session and instructed the Director to obtain as much information as possible about the total amount of the claims, and in particular the amount of the salvage claim.

Date: 01.02.1997
Category: Compensation payments
Subject: Level of payments