Table of contents
1 A Member shall be covered for
a) such of the risks specified in Parts II and III of these Rules as are agreed between the Member and the Association; and
b) such of the additional risks specified in Appendix II as are either expressed in Appendix II to be available to such a Member or as are expressly agreed between the Member and the Association.
2 The cover afforded by the Association to a Member shall be subject to the Articles of Association and to these Rules and to any special conditions agreed between the Association and the Member.
3 A Member is only covered in respect of liabilities, losses, costs and expenses incurred by him which arise
a) in direct connection with the operation of the Vessel, which will be deemed to include activity at one or more supply bases provided that such activity is in direct connection with the operation of the Vessel and transport between the Vessel and a supply base or a port or airport in the vicinity of the base;
b) in respect of the Member’s interest in the Vessel; and
c) out of events occurring during the period of entry of the Vessel in the Association.
4 Subject always to the provisions of Rule 2.3, the Association may in its absolute discretion exercise powers conferred in the Articles of Association to pay compensation in respect of a liability, loss, cost or expense which is not otherwise covered under these Rules.