Decisión nº: 003431

In October 1992 the 1971 Fund Assembly noted with satisfaction that the Ministry of Economic Affairs of the Netherlands had rejected an appeal made by a Dutch storage company, which had been included in the reports of the Government of the Netherlands to the 1971 Fund as receiver of contributing oil during 1990, requesting that it be decided that the company was not liable to pay contributions to the Fund, since it should not have been considered as a receiver of oil for the purpose of Article 10 of the 1971 Fund Convention. The Director was instructed to pursue the 1971 Fund’s position if this company were to appeal against this decision to the Administrative Court.