Korean Law in English
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Commercial Act — Article 834 (Obligation to Pay Incidental Expenses, Substitute Payments, etc.)

상법 제834조

This English translation is based on the Korean text effective 2018-12-19. The Korean law has since been amended (current version effective 2026-09-10) — check the Korean original.

(1) Even if a charterer or consignor has cancelled or terminated a contract under Articles 832 and 833 (1), he/she shall not be exonerated from the obligation to pay incidental expenses and make substitute payments.

(2) In cases falling under Article 832 (2) and (3), a charterer or consignor shall pay, other than those prescribed in paragraph (1), general average or salvage charges according to the value of cargo.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]

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