Marine Liability Act — M-0.7 56
is is to certify that there is in force in respect of the above-named ship a policy of insurance or other financial security satisfying the requirements of Article 12 of the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 2010. Type of security Duration of security Name and address of the insurer(s) and/or guarantor(s) Name Address ........................................................................................................................... This certificate is valid until Issued or certified by the Government of ........................................................................................................................... (Full designation of the State) At .....................................   On .......................................... (Place)            (Date) .......................................... Signature and Title of issuing or certifying official Explanatory Notes: 1 If desired, the designation of the State may include a reference to the competent public authority of the country where the certificate is issued. 2 If the total amount of security has been furnished by more than one source, the amount of each of them should be indicated. 3 If security is furnished in several forms, these should be enumerated. 4 The entry “Duration of the Security” must stipulate the date on which such security takes effect. 5 The entry “Address” of the insurer(s) and/or guarantor(s) must indicate the principal place of business of the insurer(s) and/or guarantor(s). If appropriate, the place of business where the insurance or other security is established shall be indicated. ANNEX II Regulations for the Calculation of Annual Contributions to the General Account Regulation 1 1 The fixed sum referred to in article 17, paragraph 3 shall be determined for each sector in accordance with these regulations. 2 When it is necessary to calculate contributions for more than one sector of the general account, a separate fixed sum per unit of contributing cargo shall be calculated for each of the following sectors as may be required: (a) solid bulk materials referred to in article 1, paragraph 5(a)(vii); (b) oil, if the operation of the oil account is postponed or suspended; (c) LNG, if the operation of the LNG account is postponed or suspended; (d) LPG, if the operation of the LPG account is postponed or suspended; (e) other substances. Regulation 2 1 For each sector, the fixed sum per unit of contributing cargo shall be the product of the levy per HNS point and the sector factor for that sector. 2 The levy per HNS point shall be the total annual contributions to be levied to the general account divided by the total HNS points for all sectors. 3 The total HNS points for each sector shall be the product of the total volume, measured in metric tonnes, of contributing cargo for that sector and the corresponding sector factor. 4 A sector factor shall be calculated as the weighted arithmetic average of the claims/volume ratio for that sector for the relevant year and the previous nine years, according to this regulation. 5 Except as provided in paragraph 6, the claims/volume ratio for each of these years shall be calculated as follows: (a) established claims, measured in units of account converted from the claim currency using the rate applicable on the date of the incident in question, for damage caused by substances in respect of which contributions to the HNS Fund are due for the relevant year; divided by (b) the volume of contributing cargo corresponding to the relevant year. 6 In cases where the information required in paragraphs 5(a) and (b) is not available, the following values shall be used for the claims/volume ratio for each of the missing years: (a) solid bulk  materials referred  to in article 1, paragraph 5(a)(vii) 0 (b) oil, if the operation of the oil account is postponed 0 (c) LNG, if the operation of the LNG accou