Hong Kong Ordinances

MERCHANT SHIPPING (LIABILITY AND COMPENSATION FOR OIL POLLUTION) ORDINANCE - SECT 22

Interpretation of Part III

(Past version on 01/07/1997).
(Past version on 30/06/1997).

PART III

THE INTERNATIONAL OIL POLLUTION COMPENSATION FUND

(1) In this Part-

"Fund" (基金) means the International Fund established by the Fund 
Convention;

"Fund Convention country" (基金公約地區) means a country in respect of
which the Fund Convention is in force;

"guarantor" (擔保人) means any person providing insurance or other security
of the kind described in section 15(2).

(2) The Monetary Authority shall certify, in Hong Kong dollars, the respective
amounts which are to be taken as equivalent for a particular day to the sum
expressed in special drawing rights in Schedule 1. (Replaced 46 of 1997 s. 17)

(3) A certificate purporting to be signed by or on behalf of the
Monetary Authority under subsection (2) shall be conclusive evidence of the
matters contained therein and shall be admissible in legal proceedings under
this Ordinance upon its production and without proof of the signature thereon.
(Replaced 46 of 1997 s. 17) (Enacted 1990. Amended 46 of 1997 s. 17)

"Fund" (基金)

"Fund Convention country" (基金公約地區)

"guarantor" (擔保人)