IOPC Fund definition

IOPC Fund means the fund established by the Fund Convention.

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IOPC Fund means The International Oil Pollution Compensation Fund 1992 established under the provisions of the 1992 Fund Convention;

IOPC Fund means the International Oil Pollution Compensation Fund established under the provisions of the Fund Convention;

Examples of IOPC Fund in a sentence

• Accordingly, if approved by the Clubs within the International Group and the IOPC Fund Assemblies, the implementation of STOPIA 2006 and TOPIA will be reflected in changes to the Memorandum of Understanding (MOU) which is currently in force between the IOPC Funds and the International Group in order to give effect to the Clubs’ undertakings to provide automatic entry in STOPIA 2006 and TOPIA and to provide cover for the liabilities arising thereunder.

• The IOPC Fund Secretariat has recently carried out a further analysis of the same statistical database which has shown that if the claims figures for the period from 1978 to 2003 are adjusted as if the current Convention limits had applied together with STOPIA 2006 and TOPIA as currently proposed, shipowners would have paid 51% and oil receivers 49% if the figures are inflated to 2002 values.

• The IOPC Fund Secretariat carried out a statistical review of the cost of pollution claims falling under the Civil Liability and Fund Conventions between 1978 and 2003.

More Definitions of IOPC Fund

IOPC Fund means the International Oil Pollution Compensation Fund

IOPC Fund means the International Oil Pollution Compensation Fund established by the Fund Convention;