The Merchant Shipping (Maritime Labour Convention) (Minimum Requirements for Seafarers etc.) Regulations 2014
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Change 1
53C Shipowner’s security
(1) “Shipowner’s security” means a contract of insurance or other form of security relating to a ship that satisfies the first and second conditions. (2) The first condition is that the shipowner’s security must provide financial assurance of an amount which the shipowner reasonably considers adequate to ensure that the shipowner will be able to meet any liabilities that the shipowner may have, including liabilities under seafarer employment agreements, to provide compensation in the event of death or long term disability to seafarers arising from occupational injury, illness or hazard. (3) The second condition is that the shipowner’s security must provide that a claim for compensation may be submitted directly to the shipowner’s security provider by— (a) any relevant seafarer who sustains a long term disability arising from a relevant occupational injury, illness or hazard; and (b) the personal representatives of any deceased relevant seafarer, the death of whom arose from a relevant occupational injury, illness or hazard. (4) In this regulation— “relevant occupational injury, illness or hazard” means an occupational injury, illness or hazard— occurring during the period of validity of the shipowner’s security; and in relation to which the shipowner is, or may be, liable to provide compensation to the seafarer or, as the case may be, the seafarer’s estate; “relevant seafarer” means a seafarer whose normal place of work during the period of validity of the shipowner’s security is, or was, on board the ship.
53C Shipowner’s security
(1) “Shipowner’s security” means a contract of insurance or other form of security relating to a ship that satisfies the first and second conditions. (2) The first condition is that the shipowner’s security must provide financial assurance of an amount which the shipowner reasonably considers adequate to ensure that the shipowner will be able to meet any liabilities that the shipowner may have, including liabilities under seafarer employment agreements, to provide compensation in the event of death or long term disability to seafarers arising from occupational injury, illness or hazard. (3) The second condition is that the shipowner’s security must provide that a claim for compensation may be submitted directly to the shipowner’s security provider by— (a) any relevant seafarer who sustains a long term disability arising from a relevant occupational injury, illness or hazard; and (b) the personal representatives of any deceased relevant seafarer, the death of whom arose from a relevant occupational injury, illness or hazard. (4) In this regulation— “relevant occupational injury, illness or hazard” means an occupational injury, illness or hazard— occurring during the period of validity of the shipowner’s security; and in relation to which the shipowner is, or may be, liable to provide compensation to the seafarer or, as the case may be, the seafarer’s estate; “relevant seafarer” means a seafarer whose normal place of work during the period of validity of the shipowner’s security is, or was, on board the ship.
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