Document ID: chunk:federal_register_of_legislation:C2016C00871:schedule:3:p1
Version: federal_register_of_legislation:C2016C00871
Segment Type: schedule
Provision Reference: sch 3 (pt 1/16)
Character Range: 96324–99194

Schedule 3—Protocol of 1992 to amend the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage 1971
Section 3

THE PARTIES TO THE PRESENT PROTOCOL,

HAVING CONSIDERED the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1971, and the 1984 Protocol thereto,

HAVING NOTED that the 1984 Protocol to that Convention, which provides for improved scope and enhanced compensation, has not entered into force,

AFFIRMING the importance of maintaining the viability of the international oil pollution liability and compensation system,

AWARE OF the need to ensure the entry into force of the content of the 1984 Protocol as soon as possible,

RECOGNIZING the advantage for the States Parties of arranging for the amended Convention to coexist with and be supplementary to the original Convention for a transitional period,

CONVINCED that the economic consequences of pollution damage resulting from the carriage of oil in bulk at sea by ships should continue to be shared by the shipping industry and by the oil cargo interests,

BEARING IN MIND the adoption of the Protocol of 1992 to amend the International Convention on Civil Liability for Oil Pollution Damage, 1969,

HAVE AGREED AS FOLLOWS:
Article 1

The Convention which the provisions of this Protocol amend is the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1971, hereinafter referred to as the "1971 Fund Convention". For States Parties to the Protocol of 1976 to the 1971 Fund Convention, such reference shall be deemed to include the 1971 Fund Convention as amended by that Protocol.
Article 2

Article 1 of the 1971 Fund Convention is amended as follows:
  1. Paragraph 1 is replaced by the following text:
    1. "1992 Liability Convention" means the International Convention on Civil Liability for Oil Pollution Damage, 1992.
  2. After paragraph 1 a new paragraph is inserted as follows:
    1 bis. "1971 Fund Convention" means the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1971. For States Parties to the Protocol of 1976 to that Convention, the term shall be deemed to include the 1971 Fund Convention as amended by that Protocol.
  3. Paragraph 2 is replaced by the following text:

  2. "Ship", "Person", "Owner", "Oil", "Pollution Damage", Preventive Measures", "Incident", and "Organization" have the same meaning as in Article 1 of the 1992 Liability Convention.
  4. Paragraph 4 is replaced by the following text:

  4. "Unit of account" has the same meaning as in Article V, paragraph 9, of the 1992 Liability Convention.
  5. Paragraph 5 is replaced by the following text:

  5. "Ship's tonnage" has the same meaning as in Article V,