(1) All contributions to the Fund in respect of contributing oil carried by sea to ports or terminal installations in India shall be payable in accordance with Articles 10 and 12 of the Fund Convention.
(2) The provisions of sub-section (1) shall apply---
(a) whether or not the contributing oil is imported; and
(b) notwithstanding that contributions are payable to the Fund in respect of carriage of the same contributing oil on a previous voyage.
(3) The person liable to pay contributions to the Fund shall be---
(a) in case of contributing oil which is being imported into India, the importer; and
(b) in any other case, the person by whom the oil is received in India.
(4) A person shall not be liable to pay contributions to the Fund in respect of the contributing oil imported or received by him in any year, if the aggregate quantity of contributing oil so imported or received in a year by him and any associated person does not exceed one lakh fifty thousand tons, or as may be specified from time to time in the Fund Convention.
Explanation.---For the purposes of this section, "terminal installation" means any site for the storage of oil in bulk which is capable of receiving oil from waterborne transportation, including any facility situated offshore and linked to such site.
(2) The provisions of sub-section (1) shall apply---
(a) whether or not the contributing oil is imported; and
(b) notwithstanding that contributions are payable to the Fund in respect of carriage of the same contributing oil on a previous voyage.
(3) The person liable to pay contributions to the Fund shall be---
(a) in case of contributing oil which is being imported into India, the importer; and
(b) in any other case, the person by whom the oil is received in India.
(4) A person shall not be liable to pay contributions to the Fund in respect of the contributing oil imported or received by him in any year, if the aggregate quantity of contributing oil so imported or received in a year by him and any associated person does not exceed one lakh fifty thousand tons, or as may be specified from time to time in the Fund Convention.
Explanation.---For the purposes of this section, "terminal installation" means any site for the storage of oil in bulk which is capable of receiving oil from waterborne transportation, including any facility situated offshore and linked to such site.
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More sections of this act
Section 1 · Short title and commencement.Section 2 · Application of Act.Section 3 · Definitions.Section 4 · Establishment of National Shipping Board.Section 5 · Constitution of Seafarer’s Welfare Board.Section 6 · Power to make rules.Section 7 · Director-General of Maritime Administration.Section 8 · Officers.India Code, Government of India. Text fetched 25 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.