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The Convention on Limitation of Liability for Maritime Claims, also known as the LLMC Convention or the London Convention of 1976, [1] is an IMO treaty that was concluded in London in November 1976. It entered into force in 1986, and superseded the 1957 Brussels Convention of the same name. As of October 2016 [update] , 54 states are party to the convention. [2] The IMO adopted a Protocol to the Convention in 1996. [3]
Although 65 states have ratified the convention, it has only 54 state parties because a number of ratifying states have denounced the convention. [2] New Zealand had ratified the convention and ceased to be a party in October 2017. In Canada, the 1996 protocol to the 1976 convention is part of the country's Marine Liability Act of 2001. [3]