RA 9483 (Oil Pollution Compensation Act of 2007) Section 12

Maintenance of Compulsory Insurance or Other Financial Security.

Section 12

SEC. 12. Maintenance of Compulsory Insurance or Other Financial Security. - All Owners shall be required annually by the MARINA to maintain insurance or other financial security for Pollution Damage in the sums fixed by applying the limits of liability under Section 10 of this Act.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 9483 (Oil Pollution Compensation Act of 2007) Section 12 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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