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Concerned about its reputation, BMW still says it wants the bikes back. It has offered £260 for each one, claiming that they are damaged by salt water and the fall from the ship. The 'keepers' all believe the bikes are worth far more than that, so BMW's offer was universally rejected.

http://observer.guardian.co.uk/uk_news/ ... 93,00.html

Is there a link to a short, easy to read summary of exactly what the 'Laws of salvage' are?

http://www.peebsac.ukdiver.com/peebsac_wrecklaw.htm

Ice Prince Sinks In English Channel

http://news.sky.com/skynews/article/0,, ... html?f=rss

Thanks, Samray.

Let's go and have a gander at what the law says.....

Edit:

OK, the article basically says "If you find something, you have to report it to the relevant authorities. If you don't, you can be charged. If the authorities cannot find the owner of the item(s), the finder is either paid for them or receives the items as payment. If the owner is found, they get them back. If it's something historic, it goes to a museum."

Fairly straight forward.