Revised Laws of Saint Lucia (2021)

388.   Criteria for fixing salvage reward

Salvage reward shall be fixed with a view to encouraging salvage operations, taking into account the following criteria without regard to the order in which they are listed—

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    (a)     the salved value of the vessel and other property;

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    (b)     the skill and efforts of the salvors in preventing or minimising damage to the environment;

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    (c)     the measure of success obtained by the salvor;

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    (d)     the nature and degree of the danger;

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    (e)     the skill and efforts of the salvors in salving the vessel, other property and life;

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    (f)     the time used and the expenses and losses incurred by the salvors;

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    (g)     the risk of liability and other risks run by the salvors or their equipment;

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    (h)     the promptness of the services rendered;

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    (i)     the availability and use of vessels or other equipment intended for salvage operations; and

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    (j)     the state of readiness and efficiency of the salvors' equipment and the value thereof.