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FD&D (CLASS 6) / PART II / RULE 11
CALLS
11.1 Call Rate
11.1.1 Before the start of a Policy Year the Association shall levy upon Members an Estimated Total Call calculated at the Call Rate upon their Ships (subject to any special terms on which such Ships may be entered).
11.1.2 The Call Rate in respect of each Entered Ship shall be notified in writing to the Member and may be altered in accordance with the provisions of Rule 6.6 Variation of Cover and Rule 9.2.2.
11.2 Discount
If at any time before the closure in accordance with Rule 37.1 Closing of Policy Year of any Policy Year the Board determines that the whole of the Estimated Total Call (together with any transfers from reserves made for the credit of or in respect of such Policy Year) is not required for the purposes set out in Rule 10 Contribution by Way of Calls:
11.2.1 it may declare a discount of such percentage of the Estimated Total Call as it may decide; and
11.2.2 the liability of the Member to pay the Estimated Total Call under Rule 11.1.1 shall be reduced accordingly.
11.3 Exceptional Calls
The Board may at any time or times during or after the end of each Policy Year (but not after such Policy Year has been closed in accordance with Rule 37.1 Closing of Policy Year) direct that an Exceptional Call shall be paid by each Member in respect of Ships entered for such Policy Year of such amount as the Board may think fit. All Exceptional Calls so made shall be calculated pro rata to the Estimated Total Call (less any returns of Call) in the relevant Policy Year.