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Merger of INDoS activities with the Maritime Training Trust
Applicable to:
Indian seafarers, maritime training institutes, and ship owners
Effective Date:
01.10.14
Superseded Circulars:
None explicitly stated
Key Changes and Requirements
1. Merger of INDoS activities with MTT
The Indian National Database of Seafarers (INDoS) activities will be merged with the Maritime Training Trust (MTT) from 01.10.14.
- INDoS funds management: MTT will manage INDoS funds, investing judiciously and spending at least 85% of income on trust objectives.
- INDoS assets and liabilities: As of 01.10.14, all INDoS assets and liabilities will be deemed those of MTT.
- INDoS receipts: INDoS receipts will continue to be deposited in the MTT-INDoS account, deemed as MTT receipts.
II/4 MTT objectives
- Provide facilities for adequate training to Indian seafarers
- Encourage Indian citizens to take to sea and for training Indian seafaring officers
- Advance objects of general utility for training and employment of Indian seafarers
Important Note
Seafarers, ship owners, and MTIs should ensure compliance with the new arrangement and update their records accordingly.
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