Limitations etc. on P&I cover - Rule 51B: Limitations – Limitation and payment of Overspill Claims

  1. Without Prejudice to any other applicable limit, the Association’s liability under a P&I entry for an Overspill Claim shall be limited pursuant to terms and conditions as are set out in Appendix VI.

  2. The Association’s obligation to pay a compensation in respect of an Overspill Claim shall be subject to such terms and conditions as are set out in Appendix VI.

 

Guidance

The provisions of Rule 51B should be read together with, and in the light of, Rule 18 and Appendix VI. 

For more detailed commentary see the Guidance to Rule 18.

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