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Book 5 · Maritime trade  ›  Subchapter 3 · General average › Section 595

Settlement of the average

(1) Each party to the adventure has the right to initiate settlement of the average at the destination or, insofar as this is not reached, at the harbour where the voyage ends. If the fuel or cargo was damaged or sacrificed intentionally, then the Reeder will be obliged to promptly initiate settlement of the average at the location set out in sentence 1; any failure to do so makes the Reeder liable to the parties to the adventure for the resulting damages.

(2) The average is to be settled by a licensed appraiser, or by an expert person separately appointed by the court (average adjuster).

(3) Each party to the adventure is to provide the average adjuster with all documents in their possession that may be required to settle the average.

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