Decision ID: 003124

In February 2006 the 1992 Fund Assembly approved the text of the Memorandum of Understanding between the 1992 Fund/Supplementary Fund and the International Group of P&I Clubs, which took into account the two voluntary compensation arrangements of STOPIA 2006 and TOPIA 2006. The Director was authorised to agree with the International Group on minor editorial amendments to the text and sign the Memorandum on behalf of the 1992 Fund. It was noted that at its 2nd extraordinary session the Supplementary Fund Assembly had also approved the Memorandum of Understanding.

Date: 01.02.2006
Categories: Financial limits, limitation proceedings and indemnification, Application of the Conventions, Administrative matters
Subjects: Compensation supplementary to the 1992 Conventions and voluntary agreements, Compensation supplementary to the 1992 Conventions and voluntary agreements, Compensation supplementary to the 1992 Conventions and voluntary agreements, Relations with IMO, P&I Clubs and organisations