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The Carriage by Air (Sterling Equivalents) Order 1996

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Explanatory Note

(This note is not part of the Order)

This Order specifies the sterling equivalents of amounts, expressed in gold francs as the limit of the air carrier’s liability under the Warsaw Convention of 1929, and under that Convention as amended by the Hague Protocol of 1955, as well as under corresponding provisions applying to international carriage by air to which the Convention and Protocol do not apply. It supersedes the Carriage by Air (Sterling Equivalents) Order 1986.

The sterling equivalents have been calculated by reference to the Special Drawing Right (SDR) value of a gold franc converted into sterling at the average market rate for the month ending 25th January 1996. The new sterling figures are approximately 16.53 per cent greater than those in the superseded Order. The SDR is based on a basket of 5 major world currencies.

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