York Antwerp Rules
Page 260
CHAPTER 39
The Insurance of Average Disbursements
Introduction
39.01
The main feature which distinguishes the remuneration payable to salvors from other items of general average expenditure is the necessity imposed upon the salved interest by maritime law or by the terms of the salvage agreement to provide appropriate security to the salvors on completion of the salvage services. The effect of this is to place the salved interests at risk for the amount of the salvage remuneration (up to the guaranteed amounts), irrespective of the successful outcome of the adventure.