Merchant Shipping (Salvage and Wreck) Act, 1993

Annulment and modification of contracts.

19.—A contract relating to salvage or any terms thereof may be annulled or modified by the arbitrator or judge in any arbitral or judicial proceedings concerned if—

(a) the contract has been entered into under undue influence or the influence of danger and its terms are inequitable, or

(b) the payment under the contract is in an excessive degree too large or too small for the services actually rendered.