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The Conference recommended that IMO should prepare such a scheme and the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage was adopted at a Conference held in Brussels in 1971. It is supplementary to the Civil Liability Convention.
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What is a consolidated text of the 1971 International Convention?
What is the International Oil Pollution Compensation Supplementary Fund?
What is a 1971 FUND convention?
Did the 1969 Civil Liability Convention provide compensation for Oil Pollution Damage?
AN INTERNATIONAL FUND FOR COMPENSATION FOR OIL POLLUTION DAMAGE. 1. Adopted in London, United Kingdom on 27 November 1992 . The States Parties to the present Convention, BEING PARTIES to the International Convention on Civil Liability for Oil Pollution Damage, adopted at Brussels on 29 November 1969,
The International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1992, often referred to as FUND92 or FUND, is an international maritime treaty, administered by the International Maritime Organization.
Article 2. 1. An International Fund for compensation for pollution damage, to be named "the International Oil Pollution Compensation Fund" and hereinafter referred to as "the Fund", is hereby...
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International Convention on the establishment of an international fund for compensation for oil pollution damage: Participant(s)
ParticipantActionDate Of Notification/depositDate Of EffectAccession06/04/199405/07/1994Denunciation03/08/199803/08/1999Ratification02/06/197516/10/1978Accession23/06/199721/09/1997Nov 27, 1992 · The 1992 Convention, which establishes an International Oil Pollution Compensation Fund (IOPC Fund), has as its objective to provide compensation for pollution damage which is inadequately compensated by the 1992 CLC (Article 2(1)).
The 2003 Protocol establishes an International Oil Pollution Compensation Supplementary Fund. The aim of this Fund is to supplement the compensation available under the 1992 CLC and Fund Conventions with an additional, third tier of compensation.
