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Cap. 13 · Commercial Code (Cap. 13)

Cap. 13 Art. 415Contributions to generalaveragenot considered in establishing value of loss or deterioration.

Sub-title III

En vigueurTexte officiel

Where it is necessary to ascertain whether there is deterioration or loss corresponding to three-fourths of the value of the goods insured, the damages which arise from general average contributions are not taken into consideration. The expenses relating to the sale of the said goods, and the expenses of the acts preparatory to the sale are, however, taken into consideration.