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Article 293 of Maritime Commerce Law No. 12 of 1972

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Article text

اذا حصلت خسائر بحرية مشتركة فان المبلغ المقرض لا يضاف الى القيم الداخلة في الغرامة

وتجري تسوية التوزيع فيما بين

السفينة واجرتها والحمولة كأن ليس في الامر عقد استقراض جزافي غير ان المقرض يساهم

في التخفيف عن اصحاب الاشياء المستقرض

عليها بنسبة مبلغ الدين.

Source: the supplied Legislation and Opinion Bureau edition. Transcription does not certify the latest amendments or continuing force of every provision. Electronic extraction can produce formatting differences, particularly in tables; consult the official source for legal reliance.

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