Merchant Shipping Act (Cap. 234)
Merchant Shipping Act (Cap. 234), article 41
41. If there are more mortgages than one registered in respect
of the same ship or share, the mortgagees shall, notwithstandin g
any express, implied or constructive notice, be entitled in pri ority,
one over the other, according to the date and the time at which each
mortgage is recorded in the register.
Rights of
mortgagee.
Amended by:
XXIV . 1986.10;
XXXVII. 1988.24;
XXII. 2000. 30;
VIII. 2010.61;
I.2025.23.
Cap. 12.
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.