Decision ID: 000924

In October 1998 the 1971 Fund Executive Committee, in view of the remaining 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 (60 million Special Drawing Rights), decided to maintain the level of the Fund’s payments to 75% of the loss or damage suffered by the respective claimants.

Date: 30.09.1998
Category: Compensation payments
Subject: Level of payments