Decision ID: 002957

In May 2004 the 1992 Fund Assembly agreed that it would be of benefit to claimants, the P&I Clubs and the Funds if the Memorandum of Understanding, signed in November 1980 by the International Group of P&I Clubs and the 1971 Fund and extended, by means of an exchange of letters, to cover co-operation between the P&I Clubs and 1992 Fund, were extended to cover co-operation between the P&I Clubs and the Supplementary Fund. The Assembly requested the Director to enter into negotiations with the International Group for the purpose of reaching an agreement on such an extension.