Marine Salvage Act, B.E. 2550 (2007).
Country
Type of law
Legislation
Abstract
This Act aims to promote efficient and fair marine salvage operations while protecting the environment and ensuring legal clarity. The Act lays down the principles regarding rescue at sea to set the criteria for the performance of rescue duties and the criteria for the rights to receive compensation for rescuers.
Salvors are entitled to monetary rewards based on various criteria, including the value of salvaged property and efforts to prevent environmental damage.
The Act further outlines the process for claiming payments and resolving disputes, including the jurisdiction of the Intellectual Property and International Trade Court.
Salvors are entitled to monetary rewards based on various criteria, including the value of salvaged property and efforts to prevent environmental damage.
The Act further outlines the process for claiming payments and resolving disputes, including the jurisdiction of the Intellectual Property and International Trade Court.
Attached files
Web site
Date of text
Repealed
No
Source language
English
Legislation Amendment
No