Merchant Shipping Act 1979 (c. 39)

SCHEDULES

SCHEDULE 3 Convention relating to the Carriage of Passengers and their Luggage by Sea

PART III Modifications of parts I and II in consequence of protocol of 19th November 1976

3. In the said Part I for article 9 there shall be substituted the following—

ARTICLE 9 Unit of account and conversion

The Unit of Account mentioned in this Convention is the Special Drawing Right as defined by the International Monetary Fund. The amounts mentioned in Articles 7 and 8 shall be converted into the national currency of the State of the Court seized of the case on the basis of the value of that currency on the date of the judgment or the date agreed upon by the Parties.