Institute Cargo Clauses 1982
The 1/1/82 London cargo wordings that replaced the SG form, and how they differ from the 1/1/09 revision.
The Institute Cargo Clauses 1/1/82 are the earlier London market cargo wordings, issued in (A), (B) and (C) forms, which the LMA and IUA replaced with the 1/1/09 set. A policy or a documentary credit can still call for them by name.
The full article will cover their structure, what the 2009 revision changed, and how to read a credit that calls for the 1982 wording. The cargo insured value article covers how this topic affects the sum insured on a cargo policy.