Commercial Maritime Law
Art. 278Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
Goods estimated in their particulars at a value lower than their true value shall
be deemed general average on the basis of their true value. If such goods are
destroyed, lost, or damaged, they shall be deemed general average on the
basis of the value provided in the particulars.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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