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Unit of account provision and provisions for the adjustment of the limit of liability in international transport and liability conventions (1982)

 

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Adopted by UNCITRAL on 28 July 1982, the Unit of Account provision designates the Special Drawing Right as the unit of account in limitations of liability provisions. The two alternative sample provisions for adjusting the limits of liability are for use in the preparation of future international conventions containing limitation of liability provisions or in the revision of existing conventions.