The need to provide for an effective means of protection against sales of ships below their normal value which cause injury has led to the conclusion of a Shipbuilding Injurious Pricing Code which, together with its Basic Principles, constitutes Annex III to the Shipbuilding Agreement (‘the IPI Code’).
Mar thoradh ar an ngá modh éifeachtach cosanta a chur ar fáil i gcoinne longa a dhíol faoina ngnáthluach, rud a dhéanann díobháil, cuireadh Cód um Phraghsáil Dhíobhálach Longthógála i gcrích agus, in éineacht leis na Bunphrionsabail a ghabhann leis, sin Iarscríbhinn III a ghabhann leis an gComhaontú Longthógála (“Cód IPI”).