Rule 42 Salvage

The Association shall cover liability for special compensation awarded to a salvor

1. pursuant to Article 14 of the International Convention on Salvage 1989; or

2. pursuant to Article 14 of the International Convention on Salvage 1989, as incorporated into Lloyd's Open Form of Salvage Agreement or into any other salvage contract approved by the Association: or

3. pursuant to Special Compensation P&I Clubs Clause (SCOPIC) as incorporated into Lloyd's Open Form of Salvage Agreement or any other 'No cure - No pay' salvage contract approved by the Association.