Decision ID: 003805

In October 2010, the 1992 Fund Administrative Council decided to levy £70 million in respect of the Hebei Spirit Major Claims Fund, with £50 million payable by 1 March 2011 and £20 million to be deferred.  The Director was authorised to invoice all or part of the deferred levy for payment during the second half of 2011 if and to the extent required.

Categories: Administrative matters, Financial matters
Subjects: Levying and reimbursement of contributions, Levying and reimbursement of contributions