http://www.legislation.gov.uk/uksi/2003/3135/note/made
The Merchant Shipping (Liability of Shipowners and Others) (New Rate of Interest) Order 2003
Interest
King's Printer of Acts of Parliament
2016-09-28
MERCHANT SHIPPING
This Order provides that the rate of interest to be included in the limitation fund constituted by a person seeking to limit his liability by virtue of the Convention on Limitation of Liability for Maritime Claims 1976 shall from 31st December 2003 be calculated by reference to a formula.
The Merchant Shipping (Liability of Shipowners and Others) (New Rate of Interest) Order 2003
The Merchant Shipping (Liability of Shipowners and Others) (New Rate of Interest) Order 2004
art 3(1)
(This note is not part of the Order)
This Order provides that the rate of interest to be included in the limitation fund constituted by a person seeking to limit his liability by virtue of the Convention on Limitation of Liability for Maritime Claims 1976 shall from 31st December 2003 be calculated by reference to a formula.
A full regulatory impact assessment has not been produced for this instrument as it has no impact on the costs of business.