Contents of Section

Chapter:

414 PDFTitle:MERCHANT SHIPPING (LIABILITY AND COMPENSATION FOR OIL POLLUTION) ORDINANCEGazette Number:L.N. 327 of 1999
Section:22Heading:Interpretation of Part IIIVersion Date:05/01/2000


(1) In this Part-
"Fund" (基金) means the International Fund established by the Fund Convention;
"Fund Convention country" (基金公約地區) means a country in respect of which the Fund Convention is in force;
"guarantor" (擔保人) means any person providing insurance or other security of the kind described in section 15(2).
(2) The Monetary Authority shall certify, in Hong Kong dollars, the respective amounts which are to be taken as equivalent for a particular day to the sum expressed in special drawing rights in Schedule 1. (Replaced 46 of 1997 s. 17)
(3) A certificate purporting to be signed by or on behalf of the Monetary Authority under subsection (2) shall be conclusive evidence of the matters contained therein and shall be admissible in legal proceedings under this Ordinance upon its production and without proof of the signature thereon. (Replaced 46 of 1997 s. 17)

(Enacted 1990. Amended 46 of 1997 s. 17)