Decision ID: 003125

In February 2006 the Supplementary 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 Supplementary Fund. It was noted that at its 10th extraordinary (February 2006) session the 1992 Fund Assembly had also approved the Memorandum of Understanding.

Date: 01.02.2006
Category: Administrative matters
Subject: Compensation supplementary to the 1992 Conventions and voluntary agreements