NATIONAL CONTINGENCY PLAN FOR MARINE POLLUTION FROM SHIPPING AND OFFSHORE INSTALLATIONS
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11. FINANCE
Associated
with Appendix M (Liability and Compensation for Pollution Damage) and Appendix N (Cost Recovery and
Record Keeping)
11.1 Dealing with marine pollution incidents can be a protracted and expensive business. Initially the costs of such operations fall on those undertaking them. Under current legislation , those incurring expenses as part of the response operation later seek to recover them from those responsible for paying compensation. Appendix M contains a brief summary of compensation regimes that may assist in the recovery of those costs. Appendix N contains guidance on the procedure that should be followed when claiming compensation.
11.2 It is essential that, from the outset, a Financial Controller is appointed and that all participants keep records of how, when, and why, they respond. These records are needed to support claims for cost recovery and to show that the actions taken were proportionate and reasonable for the threat from pollution and the risks to safety. Appendix N also provides further guidance on the level and type of records that should be retained.
11.3 It is vitally important that financial systems are in place, as part of contingency plans, in advance of an incident.