Decision ID: 001262

In October 2001 the 1992 Fund Executive Committee reconsidered the level of the 1992 Fund’s payments in the light of a further (October 2001) study carried out within the French Ministry of Economy, Finance and Industry on the extent of the damage caused by the incident on the tourism industry, together with estimates by the Fund’s experts of other types of damage claims. The Committee decided that in the light of the uncertainties that remained as to the total level of admissible claims arising from the incident, the level of payments should be maintained at 80% of the amount of the damage actually suffered by the respective claimants. The Committe also decided to review the situation again at its 16th session.

Date: 30.09.2001
Category: Compensation payments
Subject: Level of payments