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SCHEDULES

SCHEDULE 1International Convention on Salvage, 1989

Part IText of Convention

Article 7Annulment and modification of contracts

A contract or any terms thereof may be annulled or modified if—

(a)

the contract has been entered into under undue influence or the influence of danger and its terms are inequitable; or

(b)

the payment under the contract is in an excessive degree too large or too small for the services actually rendered.