MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - CHAPTER 434D MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT Empowering section VerDate:31/05/2002 (Cap 434, section 19(1)) [31 May 2002] (L.N. 86 of 2002) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT 1 Rate of interest for purposes of limitation fund VerDate:30/05/2008 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 is- (a) from 16 January 1987 to 30 April 1987, 7.5%; (b) from 1 May 1987 to 5 November 1987, 6%; (c) from 6 November 1987 to 5 May 1988, 7.38%; (d) from 6 May 1988 to 5 October 1989, 5.89%; (e) from 6 October 1989 to 14 June 1990, 11.09%; (f) from 15 June 1990 to 25 July 1991, 10.24%; (g) from 26 July 1991 to 30 April 1992, 9.74%; (h) from 1 May 1992 to 22 October 1992, 8.72%; (i) from 23 October 1992 to 27 July 1995, 7.48%; (j) from 28 July 1995 to 11 June 1998, 8.82%; (k) from 12 June 1998 to 30 May 2002, 9.91%; (l) from 31 May 2002 to 17 November 2005, 5.16%; (L.N. 203 of 2005) (m) from 18 November 2005 to 23 February 2006, 6.55%; (L.N. 203 of 2005; L.N. 27 of 2006) (n) from 24 February 2006 to 31 August 2006, 7.38%; (L.N. 27 of 2006; L.N. 184 of 2006) (o) from 1 September 2006 to 27 December 2007, 7.96%; (L.N. 184 of 2006; L.N. 242 of 2007) (p) from 28 December 2007 to 13 March 2008, 7.45%; (L.N. 242 of 2007; L.N. 56 of 2008) (q) from 14 March 2008 to 29 May 2008, 6.76%; (L.N. 56 of 2008; L.N. 151 of 2008) (r) from 30 May 2008 onwards, 5.88%. (L.N. 151 of 2008) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT 1 Rate of interest for purposes of limitation fund VerDate:14/03/2008 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 is- (a) from 16 January 1987 to 30 April 1987, 7.5%; (b) from 1 May 1987 to 5 November 1987, 6%; (c) from 6 November 1987 to 5 May 1988, 7.38%; (d) from 6 May 1988 to 5 October 1989, 5.89%; (e) from 6 October 1989 to 14 June 1990, 11.09%; (f) from 15 June 1990 to 25 July 1991, 10.24%; (g) from 26 July 1991 to 30 April 1992, 9.74%; (h) from 1 May 1992 to 22 October 1992, 8.72%; (i) from 23 October 1992 to 27 July 1995, 7.48%; (j) from 28 July 1995 to 11 June 1998, 8.82%; (k) from 12 June 1998 to 30 May 2002, 9.91%; (l) from 31 May 2002 to 17 November 2005, 5.16%; (L.N. 203 of 2005) (m) from 18 November 2005 to 23 February 2006, 6.55%; (L.N. 203 of 2005; L.N. 27 of 2006) (n) from 24 February 2006 to 31 August 2006, 7.38%; (L.N. 27 of 2006; L.N. 184 of 2006) (o) from 1 September 2006 to 27 December 2007, 7.96%; (L.N. 184 of 2006; L.N. 242 of 2007) (p) from 28 December 2007 to 13 March 2008, 7.45%; (L.N. 242 of 2007; L.N. 56 of 2008) (q) from 14 March 2008 onwards, 6.76%. (L.N. 56 of 2008) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT 1 Rate of interest for purposes of limitation fund VerDate:28/12/2007 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 is- (a) from 16 January 1987 to 30 April 1987, 7.5%; (b) from 1 May 1987 to 5 November 1987, 6%; (c) from 6 November 1987 to 5 May 1988, 7.38%; (d) from 6 May 1988 to 5 October 1989, 5.89%; (e) from 6 October 1989 to 14 June 1990, 11.09%; (f) from 15 June 1990 to 25 July 1991, 10.24%; (g) from 26 July 1991 to 30 April 1992, 9.74%; (h) from 1 May 1992 to 22 October 1992, 8.72%; (i) from 23 October 1992 to 27 July 1995, 7.48%; (j) from 28 July 1995 to 11 June 1998, 8.82%; (k) from 12 June 1998 to 30 May 2002, 9.91%; (l) from 31 May 2002 to 17 November 2005, 5.16%; (L.N. 203 of 2005) (m) from 18 November 2005 to 23 February 2006, 6.55%; (L.N. 203 of 2005; L.N. 27 of 2006) (n) from 24 February 2006 to 31 August 2006, 7.38%; (L.N. 27 of 2006; L.N. 184 of 2006) (o) from 1 September 2006 to 27 December 2007, 7.96%; (L.N. 184 of 2006; L.N. 242 of 2007) (p) from 28 December 2007 onwards, 7.45%. (L.N. 242 of 2007) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT 1 Rate of interest for purposes of limitation fund VerDate:01/09/2006 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 is- (a) from 16 January 1987 to 30 April 1987, 7.5%; (b) from 1 May 1987 to 5 November 1987, 6%; (c) from 6 November 1987 to 5 May 1988, 7.38%; (d) from 6 May 1988 to 5 October 1989, 5.89%; (e) from 6 October 1989 to 14 June 1990, 11.09%; (f) from 15 June 1990 to 25 July 1991, 10.24%; (g) from 26 July 1991 to 30 April 1992, 9.74%; (h) from 1 May 1992 to 22 October 1992, 8.72%; (i) from 23 October 1992 to 27 July 1995, 7.48%; (j) from 28 July 1995 to 11 June 1998, 8.82%; (k) from 12 June 1998 to 30 May 2002, 9.91%; (l) from 31 May 2002 to 17 November 2005, 5.16%; (L.N. 203 of 2005) (m) from 18 November 2005 to 23 February 2006, 6.55%; (L.N. 203 of 2005; L.N. 27 of 2006) (n) from 24 February 2006 to 31 August 2006, 7.38%; (L.N. 27 of 2006; L.N. 184 of 2006) (o) from 1 September 2006 onwards, 7.96%. (L.N. 184 of 2006) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT 1 Rate of interest for purposes of limitation fund VerDate:24/02/2006 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 is- (a) from 16 January 1987 to 30 April 1987, 7.5%; (b) from 1 May 1987 to 5 November 1987, 6%; (c) from 6 November 1987 to 5 May 1988, 7.38%; (d) from 6 May 1988 to 5 October 1989, 5.89%; (e) from 6 October 1989 to 14 June 1990, 11.09%; (f) from 15 June 1990 to 25 July 1991, 10.24%; (g) from 26 July 1991 to 30 April 1992, 9.74%; (h) from 1 May 1992 to 22 October 1992, 8.72%; (i) from 23 October 1992 to 27 July 1995, 7.48%; (j) from 28 July 1995 to 11 June 1998, 8.82%; (k) from 12 June 1998 to 30 May 2002, 9.91%; (l) from 31 May 2002 to 17 November 2005, 5.16%; (L.N. 203 of 2005) (m) from 18 November 2005 to 23 February 2006, 6.55%; (L.N. 203 of 2005; L.N. 27 of 2006) (n) from 24 February 2006 onwards, 7.38%. (L.N. 27 of 2006) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT 1 Rate of interest for purposes of limitation fund VerDate:18/11/2005 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 is- (a) from 16 January 1987 to 30 April 1987, 7.5%; (b) from 1 May 1987 to 5 November 1987, 6%; (c) from 6 November 1987 to 5 May 1988, 7.38%; (d) from 6 May 1988 to 5 October 1989, 5.89%; (e) from 6 October 1989 to 14 June 1990, 11.09%; (f) from 15 June 1990 to 25 July 1991, 10.24%; (g) from 26 July 1991 to 30 April 1992, 9.74%; (h) from 1 May 1992 to 22 October 1992, 8.72%; (i) from 23 October 1992 to 27 July 1995, 7.48%; (j) from 28 July 1995 to 11 June 1998, 8.82%; (k) from 12 June 1998 to 30 May 2002, 9.91%; (l) from 31 May 2002 to 17 November 2005, 5.16%; (L.N. 203 of 2005) (m) from 18 November 2005 onwards, 6.55%. (L.N. 203 of 2005) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT 1 Rate of interest for purposes of limitation fund VerDate:31/05/2002 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 is- (a) from 16 January 1987 to 30 April 1987, 7.5%; (b) from 1 May 1987 to 5 November 1987, 6%; (c) from 6 November 1987 to 5 May 1988, 7.38%; (d) from 6 May 1988 to 5 October 1989, 5.89%; (e) from 6 October 1989 to 14 June 1990, 11.09%; (f) from 15 June 1990 to 25 July 1991, 10.24%; (g) from 26 July 1991 to 30 April 1992, 9.74%; (h) from 1 May 1992 to 22 October 1992, 8.72%; (i) from 23 October 1992 to 27 July 1995, 7.48%; (j) from 28 July 1995 to 11 June 1998, 8.82%; (k) from 12 June 1998 to 30 May 2002, 9.91%; (l) from 31 May 2002 onwards, 5.16%. MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) (RATE OF INTEREST) ORDER - SECT 2 Repeals VerDate:31/05/2002 The following Orders are repealed- (a) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong) Order 1987 (L.N. 13 of 1987); (b) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong)(No. 2) Order 1987 (L.N. 123 of 1987); (c) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong)(No. 3) Order 1987 (L.N. 368 of 1987); (d) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong) Order 1988 (L.N. 139 of 1988); (e) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong) Order 1989 (L.N. 331 of 1989); (f) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong) Order 1990 (L.N. 185 of 1990); (g) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong) Order 1991 (L.N. 304 of 1991); (h) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong) Order 1992 (L.N. 115 of 1992); (i) Merchant Shipping (Liability of Shipowners and Others)(Rate of Interest)(Hong Kong)(No. 2) Order 1992 (L.N. 333 of 1992); (j)-(k) (Omitted as spent)