BYE-LAW
RULES
DEFINITIONS
INTRODUCTORY
FREIGHT, DEMURRAGE & DEFENCE RISKS COVERED
HULL & MACHINERY RISKS COVERED
SPECIAL COVER
SPECIAL COVER FOR CHARTERERS, SPECIALIST OPERATIONS AND PASSENGER SHIPS
CONDITIONS, EXCEPTIONS AND LIMITATIONS
APPLICATIONS FOR INSURANCE AND DISCLOSURE
JOINT ENTRIES AND FLEET ENTRIES
GROUP AFFILIATE COVER
CERTIFICATE OF ENTRY AND ENDORSEMENT SLIP
REINSURANCE
MEMBERSHIP
ASSIGNMENT
CALLS AND GUARANTEES
FIXED PREMIUMS
PAYMENT
RESERVES
PERIOD OF INSURANCE
VARIATION OF CONTRACT
NOTICE OF TERMINATION
CLOSING OF POLICY YEARS
TERMINATION AND ITS EFFECTS
CESSER OF INSURANCE
CANCELLATION OF INSURANCE
FORBEARANCE AND REIMBURSEMENT
INVESTMENT
DISPUTES
 
 
 


Section 17

Property on the entered ship

Liability of a Member for loss of or damage to any containers, equipment, fuel or other property on board the entered ship.

PROVIDED ALWAYS that

a. Such property is not within the scope of Section 2 [C] or Section 4 or Section 16 of this Rule or within any proviso, exclusion, limit or deductible applicable to those Sections;

b. Such property does not form part of the entered ship and is not owned or leased by the Member or by any company associated with or under the same management as the Member; and

c. Unless and to the extent that the Member has obtained appropriate special cover by agreement with the Managers, the Association shall not reimburse a Member to the extent that any liability arises under a contract or indemnity entered into by the Member and would not have arisen but for such contract or indemnity.

Section 18

Unrecoverable general average contributions

The proportion of general average, special charges or salvage which a Member may be entitled to claim from cargo or from some other party to the marine adventure and which is not legally recoverable solely by reason of a breach of the contract of carriage.

PROVIDED ALWAYS that

Provisos [a], [b] and [c] of Section 16 of this Rule shall apply to any claim under this Section.

Section 19

Ship’s proportion of general average

The entered ship’s proportion of general average, special charges or salvage not  recoverable under the Hull Policies or the Hull Certificates by reason of the value of the ship being assessed for contribution to general average or salvage at a sound value in excess of the insured value under the Hull Policies or the Hull Certificates.

PROVIDED ALWAYS that

Unless and to the extent that the Directors in their discretion otherwise decide, recovery from the Association under this Section shall be limited to the amount (if any) of the ship’s proportion which would not have been recoverable under the Hull Policies or the Hull Certificates if the ship had been insured thereunder at the proper value in accordance with paragraph [D] [i] of Rule 8.

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