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MERCHANT SHIPPING ACT 1894 - SECT 555

Sale of detained property by receiver.

555.(1) Where the aggregate amount of salvage payable in respect of salvage
services rendered in the United Kingdom has been finally determined, either
summarily in manner provided by this Act or by agreement, and does not exceed
two hundred pounds, but a dispute arises as to the apportionment thereof among
several claimants, the person liable to pay the amount may apply to the
receiver for liberty to pay the same to him; and the receiver shall, if he
thinks fit, receive the same accordingly, and shall grant to the person paying
the amount a certificate of the amount paid and of the services in respect of
which it is paid, and that certificate shall be a full discharge and indemnity
to the person by whom the money is paid, and to his vessel, cargo, apparel,
and effects against the claims of all persons whomsoever in respect of the
services mentioned in the certificate.

(2) The receiver shall with all convenient speed distribute any amount
received by him under this section among the persons entitled to the same on
such evidence, and in such shares and proportions, as he thinks fit, and may
retain any money which appears to him to be payable to any person who is
absent.

(3) A distribution made by a receiver in pursuance of this section shall be
final and conclusive as against all persons claiming to be entitled to any
portion of the amount distributed.


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© 1894 Crown Copyright

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