HKLII Hong Kong Regulations

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MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1998 - SECT 1

Rate of interest for purposes of limitation fund

Caution: This is a past version. See the current version here.

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 9.91%. (L.N. 240 of 1998)



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