With regard to the polluter pays principle, it is only right that the compensation funds I mentioned are financed by contributions paid for by the oil importing sector. It is only right that the limits should now be increased substantially bearing in mind the number of disasters we have had over the past few years. In this regard, a welcome consequence of this Bill is that the threat of increased compensation awards should encourage those in the shipping business to raise safety standards in order to reduce the risks of an oil disaster in the first instance.