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The invitation and agenda for the next meeting of the IOPC Funds’ governing bodies are available here. This meeting was rescheduled to 2 to 4 December 2020 and will be held remotely. Documents pertaining to the meeting continue to be issued with the document code IOPC/NOV20, despite the change in date.
Decision ID: 000870
In February 1998 the 1971 Fund Executive Committee decided, in view of the uncertainty as to whether the total amount of the claims might exceed the total amount available under the 1969 Civil Liability and 1971 Fund Conventions, that for the time being the level of the Fund’s payments should be limited to 50% of the loss or damage actually suffered by each claimant, as assessed by the experts appointed by the Fund at the time the payment was made.
Date: 01.02.1998 Category: Compensation payments Subject: Level of payments