Monday, 2nd April 2012
This document provides a draft 1992 IOPC Fund Assembly Resolution that seeks to place the arrangements for interim payments on a clearer footing in a way that will benefit all concerned and establishes a form of agreement between the International Group and the 1992 Fund that could be laid by the shipowner/P&I; Club concerned before the court administering the limitation fund as authoritative evidence of the existing practice.