Decisión nº: 002534

In October 1996 the 1971 Fund Assembly and the 1992 Fund Assembly agreed that it would be appropriate to extend the scope of the 1980 Memorandum of Understanding signed by the International Group of P&I Clubs and the 1971 Fund to cover also co-operation between the P&I Clubs and the 1992 Fund. Both Assemblies authorised the Director to agree with the International Group of P&I Clubs on the texts of letters to be exchanged to this effect. They also decided that the 1985 Memorandum of Understanding between the Japan Shipowners’ Mutual Protection and Indemnity Association (JPIA) and the 1971 Fund could be replaced by an exchange of letters covering the parts of the text of the Memorandum that were not covered by the Memorandum of 1980 with the International Group of P&I Clubs and authorised the Director to agree with the JPIA on the texts of such letters.