Decision ID: 002440

In October 1993 the 1971 Fund Assembly noted that a Dutch oil storage company, which had argued that the interpretation by the 1971 Fund of the notion of ‘received’ in the 1971 Fund Convention was incorrect, and that it should not be liable to pay contributions to the Fund, had appealed to the Administrative Court of Appeal against a decision by the Minister of Economic Affairs of the Netherlands that it should be considered a ‘receiver’ of oil for the purpose of Article 10 of the 1971 Fund Convention. The Assembly decided that since the 1971 Fund had been granted the opportunity of being heard as a third party in the proceedings before the Administrative Court of Appeal the Director should present the Fund’s position to the Court.

Date: 30.09.1993
Category: Legal actions
Subject: Judgements in respect of the interpretation of the concept of 'received' in Article 10.1 of the 1971 and 1992 Fund Conventions