Cap. 13 ст. 419Time within which abandonment is to be made.

(1) An abandonment to the insurer must be made within the time following:

(a) six months from the day on which information of the disaster is received, if it has happened on the coasts of Europe, or on those of Asia or of Africa in the Mediterranean, or, in the case of capture, from the day on which information is received that the prize was carried into any of the ports or places situated on the above-mentioned coasts;

(b) eighteen months to run from the aforesaid days respectively, if the disaster happened in, or the prize was conveyed to any other part of the world.

(2) When the said times have expired, it shall not be competent to the assured to make the abandonment.