What is the SCOPIC Clause?

The Special Compensation P&I Clause, a supplementary clause to LOF 2011, 2000 and 1995 agreements that provides for an alternative method of assessing Special Compensation to the method prescribed by Article 14 of the International Convention on Salvage, 1989.

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Does the SCOPIC Clause automatically apply to all LOF agreements?

Is special compensation only payable under a Lloyd’s Open Form agreement?