Marine Liability Act

Version of section 92 from 2010-01-02 to 2018-12-12:


Marginal note:Ship-source Oil Pollution Fund continued

  •  (1) The account known as the Ship-source Oil Pollution Fund in the accounts of Canada is continued.

  • Marginal note:Credits

    (2) The following shall be credited to the Ship-source Oil Pollution Fund:

    • (a) all payments received under sections 112 and 115;

    • (b) interest computed in accordance with section 93; and

    • (c) any amounts recovered by the Administrator under paragraph 106(3)(c).

  • Marginal note:Charges

    (3) The following shall be charged to the Ship-source Oil Pollution Fund:

    • (a) all amounts that are directed by the Administrator to be paid under paragraph 106(3)(a) or 108(1)(a), subsection 108(6) or section 117 or under a settlement;

    • (b) all amounts for which the Administrator is liable under subsection 117(3);

    • (c) all interest to be paid under section 116;

    • (d) all costs and expenses that are directed to be paid under section 98;

    • (e) the remuneration and expenses of assessors that are directed to be paid under subsection 108(2); and

    • (f) the amount of any judgment and any costs awarded against that Fund in litigation.

  • 2001, c. 6, s. 92
  • 2009, c. 21, s. 11
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