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Charterparty Clause — Financial Security inRespect of Pollution

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Charterparty Clause — Financial Security inRespect of Pollution

In 1990, in response to prospective oil pollution legislation in the United States of America, a recommended pollution charterparty clause was circulated to Members recommending that owners should not warrant in charterparties that they would comply with future unforeseen requirements regarding certificates of financial responsibility for oil pollution.