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Article 18 Liability

United Kingdom

Original text. Later amendments are not shown.

1.

JIV-ERIC shall be liable for its debts.

2.

The Members' financial liability towards JIV-ERIC's debts shall be limited to each individual Member's annual contribution as specified in Annex 2.

3.

JIV-ERIC shall take appropriate insurance to cover the risks specific to the construction and operation of JIV-ERIC.