MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1995 - CHAPTER 434B MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1995 - LONG TITLE Empowering section (Repealed L.N. 86 of 2002) VerDate:31/05/2002 (Repealed L.N. 86 of 2002) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1995 - LONG TITLE Empowering section VerDate:30/06/1997 (Cap 434 section 19(1)) [28 July 1995] (L.N. 368 of 1995) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1995 - SECT 1 (Repealed L.N. 86 of 2002) VerDate:31/05/2002 (Repealed L.N. 86 of 2002) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1995 - SECT 1 *Rate of interest for purposes of limitation fund VerDate:30/06/1997 The rate of interest to be applied for the purposes of paragraph 1 of Article 11 of the Convention on Limitation of Liability for Maritime Claims, 1976 (set out in Schedule 2 to the Ordinance) shall be 8.82%. (Enacted 1995) --------------------------------------------------------------------------- --------------------------------------- * For the rate of interest previously prescribed to be applied for the purposes of paragraph 1 of Article 11 of the Convention on Limitation of Liability for Maritime Claims, 1976, please see L.N. 13 of 1987, L.N. 123 of 1987, L.N. 368 of 1987, L.N. 139 of 1988, L.N. 331 of 1989, L.N. 185 of 1990, L.N. 304 of 1991, L.N. 115 of 1992 and L.N. 333 of 1992. These Orders were made under paragraph 8 of Part II of Schedule 4 to the Merchant Shipping Act 1979. See now sections 19(1) and 29 of Cap 434.