Malaysia legislation

Section 30

The Minister may by order published in the Gazette amend, add to or vary the Schedules to this Act.

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Merchant Shipping (Liability and 39

Compensation for Oil and Bunker Oil Pollution)

FIRST SCHEDULE

[Subsection 6(2)]

LIMITATION OF LIABILITY OF OWNER OF SHIP

The owner of a ship shall be entitled to limit his liability in respect of any one incident to an aggregate amount calculated as follows:

for a ship not exceeding five thousand units of tonnage, 4,510,000 special drawing rights;

for a ship with a tonnage in excess of five thousand units of tonnage,

4,510,000 special drawing rights plus an additional 631 special drawing rights for each additional unit of tonnage:

Provided however, that this aggregate amount shall not in any event exceed 89,770,00 special drawing rights.

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OVERALL LIMIT ON LIABILITY OF FUND