Merchant Shipping Act (Cap. 234)

Merchant Shipping Act (Cap. 234), article 336

Official PDF on legislation.mt

336. (1) The owner of any wreck in the possession of the receiver of wreck, upon establishing his claim to the satisfaction of the receiver or through a decision of the competent court, shall, if the claim is made within one year from the date of the notice given in accordance with article 335, and upon paying the salvage, fees and other expenses due, be entitled to have the wreck or the proceeds thereof delivered up to him. (2) Upon delivery of a wreck or payment of the proceeds of sale of a wreck by the receiver of wreck in pursuance of the provisions of this Part of this Act, the receiver of wreck shall be discharged from all liability in respect thereof, but the delivery or payment as aforesaid shall not prejudice or affect any question which may be raised by third parties concerning the right or title to the wreck. Immediate sale of wreck in certain cases.  Amended by:  XIII. 1983.5; L.N. 411 of 2007.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.