Difference between CLC and fund ?



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Rishi Kashyap
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1. Under CLC money collected(guarantee) from shipowner while in Fund it is collected from individuals/company importing more than 150,000 T of oil.
2. CLC and FUND Claim limits are different.
3. FUND Claims are claims that exceed CLC Claims e.g. it includes CLC claim.

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tags  MMD / MCA ORALS MASTER EXAM
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