Maritime Transport Act 1994

Compensation from International Oil Pollution Compensation Fund and Supplementary Fund for pollution damage - Compensation and indemnity from International Oil Pollution Fund and Supplementary Fund

371: International Oil Pollution Fund and Supplementary Fund declared to be legal entities

You could also call this:

"Oil pollution funds are treated like people under the law"

Illustration for Maritime Transport Act 1994

You know that some organisations can be treated like people under the law. The International Oil Pollution Fund and the Supplementary Fund are like this. They have rights and powers, and they can also have duties and liabilities, just like a person.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM338300.

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Part 26Compensation from International Oil Pollution Compensation Fund and Supplementary Fund for pollution damage
Compensation and indemnity from International Oil Pollution Fund and Supplementary Fund

371International Oil Pollution Fund and Supplementary Fund declared to be legal entities

  1. The International Oil Pollution Fund and the Supplementary Fund are legal entities and each fund has all the rights, powers, duties, and liabilities of a legal person.

Notes
  • Section 371: replaced, on , by section 14 of the Maritime Transport Amendment Act 2017 (2017 No 48).