Section 7 Extension of rights of Fund by subrogation.

United Kingdom

(1)

In section 8 of the M1Merchant Shipping Act 1974 (Acquisition by International Fund of rights of recipients of payments made by the Fund in cases of oil pollution damage)—

(a)

for subsection (1), there shall be inserted the following subsection—

“(1)
In respect of any sum paid by the Fund as compensation for pollution damage the Fund shall acquire by subrogation any rights in respect of the damage which the recipient has (or but for the payment would have) against any other person,”; and

(b)

subsection (3) shall be omitted.

(2)

The amendments made by subsection (1) above apply in relation to payments made by the Fund after this section comes into force.

Annotations

Marginal citations

M1: 1974 c. 43.

Notes on the whole Act

Textual amendments

F1: Act repealed (1.1.1996) by 1995 c. 21, ss. 314(1), 316(2), Sch. 12 (with ss. 312(1), Sch. 14 para. 1)