Merchant Shipping (Salvage and Pollution) Act 1994 (c. 28)

SCHEDULES

SCHEDULE 1 International Convention on Salvage, 1989

Part II Provisions having effect in connection with Convention

The reward and special compensation: the common understanding

4 In fixing a reward under article 13 and assessing special compensation under article 14 the court or arbitrator (or, in Scotland, arbiter) is under no duty to fix a reward under article 13 up to the maximum salved value of the vessel and other property before assessing the special compensation to be paid under article 14.