Limitation Of Liability in Europe
Definition of Limitation Of Liability
A shipowner is not liable at all for loss of or damage to goods on the ship in certain cases, e.g., when caused by fire (Merchant Shipping Act, 1894, s. 502), and is not liable for loss of life or injury to persons or things caused by or on board the ship in other cases beyond a certain amount for each ton of the ship’s tonnage, namely, 15 per ton in respect of loss of life or personal injury, and 8 per ton for loss or damage to goods (ibid. s. 503). These limitations of liability only apply to cases where the loss or injury has not been caused by the shipowner’s actual fault or privity (ss. 502, 503). See Company
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Definition of Limitation Of Liability is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.
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