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Status:
Point in time view as at 19/03/1997.
Changes to legislation:
Merchant Shipping Act 1995, Cross Heading: Annulment and modification of contracts is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

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Annulment and modification of contractsU.K.
A contract or any terms thereof may be annulled or modified if—
(a) the contract has been entered into under undue influence or the influence of danger and its terms are inequitable; or
(b) the payment under the contract is in an excessive degree too large or too small for the services actually rendered.
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