CONFIDENTIAL
The International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1971
1976 Protocol to the International Convention on the Establishment of an International Fund
for Compensation for Oil Pollution Damage, 1971
The Convention
The International
Convention on the Establishment
(6)
of
an International Fund for Compensation for Oil Pollution
Damage 1971 ("the Fund Convention") is supplementary to the
Liability
International Convention
Civil on
Pollution Damage 1969 ("the Liability Convention").
for
011
It was
concluded on
18 December 1971 and entered into force on 16
October 1978 (text at Annex A).
*(
2.
Oil Pollution Compensation Fund ("the
The Fund Convention establishes the International
Fund") to provide
compensation for pollution damage
to the extent that the
protection
afforded
by
the
Liability Convention
is
inadequate and relief to ship owners in respect of the
additional financial burden imposed on them
(Article 2).
by
the
The
is Fund
to be
Convention Liability recognized as a legal person and its organization consists
of an Assembly, an Executive Committee and a Secretariat
headed by a Director (Article 17).
CONFIDENTIAL