Merchant Shipping Act

331. Annulment or modification of contracts

Edition: 2023-12-11 · In force

Any contract relating to salvage or any terms thereof may be annulled or modified by the court, where it appears to the court that the—

(a)contract had been entered into under undue influence or the influence of danger and its terms are inequitable; or

(b)payment under the contract is too large or too small for the services actually rendered.