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Effective date on Insurance Cert
Posted: Wed Sep 07, 2011 1:00 am
by PhanThanhNhan
Dear sir,
Pls give us yr comment or relating ICC Opinions on the following issue:
- Insurance Certificate stated effective date: 11.33 a.m 20.7.2011 whereas the shipment date: 20.7.2011
Can we consider the I.C discrepant
Effective date on Insurance Cert
Posted: Wed Sep 07, 2011 1:00 am
by NigelHolt
I hate situations like this. Why can’t people just keep things simple?
A literal reading of 28(e) would seem to suggest the insurance document is not discrepant. However, a ‘common sense’ reading of 28(e) suggests to me that it is saying that the insurance document must appear to take effect from -at the latest- the start of the day of the date of shipment. Therefore, assuming the BL does not give the time of shipment (that is 11.33am or after), as I infer, I would –at this particular moment- unenthusiastically refuse the insurance document on the basis that it did not appear to cover the whole of the day of the date the goods were shipped.
I do not re-call seeing any opinions on this subject.
Good luck PTN.
Effective date on Insurance Cert
Posted: Thu Sep 08, 2011 1:00 am
by HOANGTHIANHTHU_invalid
Hi,
The date of the insurance document is not later than the date of shipment, hence, it should be acceptable based on sub-article 26(e).
If you decide to reject the document you must show the article of UCP 600 that supports your decision. I find no such article or related ICC opinion.
Best regards,
N.H Duc
Effective date on Insurance Cert
Posted: Fri Sep 16, 2011 1:00 am
by NigelHolt
Dear NHD,
I am certainly not going to argue with your view that the insurance document is not compliant as, as my posting indicates above, I agree that a literal reading of 28(e) suggests it is compliant.
What interests me is your statement that “you must show the article of UCP 600 that supports your decision”.
Firstly, the views I expressed in my posting above are based on a UCP600 article, i.e. 28(e), and thus –if my interpretation of 28(e) is correct (which I accept it may not be)- 28(e) is the article one would quote. It certainly would be a mistake to assume an article can be read literally as UCP500 sub-Article 13(c) illustrated and UCP600 sub-Article 14(h) illustrates. Also, the fact that there might not be a relevant opinion to support one view or another is not of itself proof of anything. An opinion, decision etc may appear at a later date that clarifies the position, and -for examples- indicates a particular (sub-) Article may not be read literally, as was the case with the afore-mentioned sub-Articles.
Secondly, what I would be curious to learn is what article you would quote to support refusal of –say- a certificate of origin that did not appear to relate to the invoiced goods as set out in paragraph 183 of ISBP681. Or in the absence of a directly relevant article would you get around the problem by quoting the ‘catch all’ Article 2 and the definition of a complying presentation which makes reference to isbp?
Regards, Jeremy
[edited 9/16/2011 9:45:59 AM]