Section 30
Power to amend Schedules
of Merchant Shipping (Oil Pollution) Act 1994
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:
(a)
for a ship not exceeding five thousand units of tonnage, 4,510,000 special drawing rights;
(b)
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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[Subsection 19(6)]
OVERALL LIMIT ON LIABILITY OF FUND