Cap. 434D 《商船(限制船東責任)(利率)令》Merchant Shipping (Limitation of Shipowners Liability) (Rate of Interest) Order
生效中Merchant Shipping (Limitation of Shipowners Liability) (Rate of Interest) Order
(Enacting provision omitted—E.R. 2 of 2020)
[31 May 2002]
(Format changes—E.R. 2 of 2020)
1. Rate of interest for purposes of limitation fund
The rate of interest to be applied for the purposes of paragraph 1 of Article 11 of the Convention on Limitation of Liability for Maritime Claims, 1976 is—
from 16 January 1987 to 30 April 1987, 7.5%;
from 1 May 1987 to 5 November 1987, 6%;
from 6 November 1987 to 5 May 1988, 7.38%;
from 6 May 1988 to 5 October 1989, 5.89%;
from 6 October 1989 to 14 June 1990, 11.09%;
from 15 June 1990 to 25 July 1991, 10.24%;
from 26 July 1991 to 30 April 1992, 9.74%;
from 1 May 1992 to 22 October 1992, 8.72%;
from 23 October 1992 to 27 July 1995, 7.48%;
from 28 July 1995 to 11 June 1998, 8.82%;
from 12 June 1998 to 30 May 2002, 9.91%;
from 31 May 2002 to 17 November 2005, 5.16%; (L.N. 203 of 2005)
from 18 November 2005 to 23 February 2006, 6.55%; (L.N. 203 of 2005; L.N. 27 of 2006)
from 24 February 2006 to 31 August 2006, 7.38%; (L.N. 27 of 2006; L.N. 184 of 2006)
from 1 September 2006 to 27 December 2007, 7.96%; (L.N. 184 of 2006; L.N. 242 of 2007)
from 28 December 2007 to 13 March 2008, 7.45%; (L.N. 242 of 2007; L.N. 56 of 2008)
from 14 March 2008 to 29 May 2008, 6.76%; (L.N. 56 of 2008; L.N. 151 of 2008)
from 30 May 2008 to 11 December 2008, 5.88%; (L.N. 151 of 2008; L.N. 261 of 2008)
from 12 December 2008 onwards, 5.2%. (L.N. 261 of 2008)
2. Repeals
The following Orders are repealed—
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) Order 1987 (L.N. 13 of 1987);
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) (No. 2) Order 1987 (L.N. 123 of 1987);
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) (No. 3) Order 1987 (L.N. 368 of 1987);
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) Order 1988 (L.N. 139 of 1988);
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) Order 1989 (L.N. 331 of 1989);
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) Order 1990 (L.N. 185 of 1990);
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) Order 1991 (L.N. 304 of 1991);
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) Order 1992 (L.N. 115 of 1992);
Merchant Shipping (Liability of Shipowners and Others) (Rate of Interest) (Hong Kong) (No. 2) Order 1992 (L.N. 333 of 1992);
Merchant Shipping (Limitation of Shipowners Liability) Ordinance (Rate of Interest) Order 1995 (Cap. 434 sub. leg. B); and (E.R. 2 of 2020)
Merchant Shipping (Limitation of Shipowners Liability) Ordinance (Rate of Interest) Order 1998 (Cap. 434 sub. leg. C). (E.R. 2 of 2020)