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Commercial Act — Article 872 (Exclusion from Claims for Apportionments of General Average)

상법 제872조

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) The value of appurtenances not entered in the inventory of appurtenances, cargo loaded without a bill of lading or other document that can fix its price, or the currency or securities, and other valuables, the kind and value of which are not specified, if they are preserved, shall be included in the apportionments of general average, and such value shall not be included in the amount of the general average if they have been lost.

(2) The provisions of paragraph (1) shall also apply to cargo loaded on deck: Provided, That the same shall not apply in cases where loading on deck is permitted customarily or such navigation comes under coastwise navigation.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]

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