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IMO Protocol Of 1992 to Amend The International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage 1971, IMO 1992
International Maritime Organization (IMO)
copy @ Lex Mercatoria
Article 1 of the 1971 Fund Convention is amended as follows:
1. Paragraph 1 is replaced by the following text:
1. "1992 Liability Convention" means the International Convention on Civil Liability for Oil Pollution Damage, 1992.
2. After paragraph 1 a new paragraph is inserted as follows:
1 bis. "1971 Fund Convention" means the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1971. For States Parties to the Protocol of 1976 to that Convention, the term shall be deemed to include the 1971 Fund Convention as amended by that Protocol.
3. Paragraph 2 is replaced by the following text:
2. "Ship", "Person", "Owner", "Oil", "Pollution Damage", "Preventive Measures", "Incident", and "Organization" have the same meaning as in Article I of the 1992 Liability Convention.
4. Paragraph 4 is replaced by the following text:
4. "Unit of account" has the same meaning as in Article V, paragraph 9, of the 1992 Liability Convention.
5. Paragraph 5 is replaced by the following text:
5. "Ship's tonnage" has the same meaning as in Article V, paragraph 10, of the 1992 Liability Convention.
6. Paragraph 7 is replaced by the following text:
7. "Guarantor" means any person providing insurance or other financial security to cover an owner's liability in pursance of Article VII, paragraph 1, of the 1992 Liability Convention.
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