Section 17 — Limit on liability of multimodal transport operator

(1)Subject to subsection (2) and sections 18, 19, 21 and 22, a multimodal transport operator of a multimodal transport contract is not liable under section 15 for any loss of or damage to the goods that are the subject of the contract, in an amount exceeding the higher of the following:

(a)the equivalent of 666.67 SDR per package or shipping unit of the goods lost or damaged;

(b)2.00 SDR per kilogram of gross weight of the goods lost or damaged.

(2)Subsection (1) does not apply if the nature and value of the goods have been declared by the consignor of the goods before the goods are taken in charge by the multimodal transport operator, and inserted in the multimodal transport document.