Decision ID: 003450

In June 2008 the 1992 Fund Administrative Council decided to levy contributions of £50 million to the Hebei Spirit Major Claims Fund, for payment by 1 November 2008. The Council further approved the Drector’s proposal that, should the 1992 Fund be callled upon to make payments in relation to the Hebei Spirit incident exceeding the amount payable from the General Fund prior to 1 November 2008, these payments should be financed through loans to the Hebei Spirit Major Claims Fund from the Erika and Prestige Major Claims Funds and, if required, from the General Fund. The Council decided that future funding for the Volgoneft 139 incident should be reviewed at the next session of the Assembly.