"ملف 19/175 البحرين - تجارة اللؤلؤ" [و‎‎١‎٤] (٨٣/٢٧)

8. If the system employed is 'toil no interest may be charged by
the shore Ifakhuda (Ifote-the merchant who finances the boat but
(a) does not go out with it) on his advances made to the Sea Hattuda.
neither may the latter charge any interest on the advances made
by him to tlie crewo
(b) The Shore EaJchuda shall have the prior right to purchase all the
pearls found by the crew of the boat he has financed.
(c; Tnc price the shore Uakhuda shall pay for the pearls shall be less
thantne estimated market value.but shall not be more than less.
He shall normally purchase at the price agreddupon with the sea
Ifakhuda with the consent of at least two thirds of the crew.
(d) In the event of failure to agree as to the price to be paid ,the
parties may by mutual consent refer to agreed arbitrators who
shall settle the market value of the pearls & the shore Eakhuda
shall purchase at not less than below the price estimated by
the arbitrators, or
(e) Tne parties may refer to a competent court for decisinn as to
the value of the pearls,in which case the court shall appoint
competent assessors & fiatermine the price which should be paid
t>y the shore Eakhuda,
(f) Should the shore Ealdiuda still be undesirous of durchasinr at tha
richt tn by ^ C0Urt ' the sea ifaklluda s ^all "have the
g t to sell the pearls to whomsoever he may,with the consent
of at least 2/3 of the crew, desire to sell them,provided that
ne shall give to the Ifakhuda (shore) notice of the time & place
where he will receive payment & shall at that time & place
ii mediately refund to the shore Nakhuda the full advance taken
from him. He shall receive pajment in the presence of at least
1/^3 of the crew,
9. When the system employed is Uadyan the Hakhuda (Shore) is entitlet
to charge interest at the rate agreed upon,on the advance made by
him to the sea Hakhuda,provided that in no case shall such interes
exceed ZQ% on Tisqam advances or 10% on Salaf advances.The sea-
iiakhuda shall be eutitiid to charge the crew on advances made to
them,at the same rate that he is charged by the shore -Hakhuda but
unoer no circumstances shall it exceed 20^ on the Tisqam or 10%