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MERCHANT SHIPPING ACT 1894 - SECT 33

Priority of mortgages.

33. If there are more mortgages than one registered in respect of the same
ship or share, the mortgagees shall, notwithstanding any express, implied, or
constructive notice, be entitled in priority, one over the other, according to
the date at which each mortgage is recorded in the register book, and not
according to the date of each mortgage itself.

© 1894 Crown Copyright

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