Rule 8 Supplementary Calls

SUPPLEMENTARY CALLS

The Directors may at any time during or after the end of each policy period (but not after the relevant association year has been closed) direct that in respect of any specified class and association year a supplementary call shall be paid for the benefit of the class concerned by each Member in respect of ships entered in such class in such association year of such amount as the Directors in their discretion may determine. Unless the Directors in their discretion otherwise decide, all supplementary calls so made, except any special call referred to in General Rule 9, shall be calculated pro rata to advance call levied on the Member concerned in respect of the class and association year concerned.