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MERCHANT SHIPPING ACT 1894 - SECT 34 

Mortgagee not treated as owner.

34. Except as far as may be necessary for making a mortgaged ship or share
available as a security for the mortgage debt, the mortgagee shall not by
reason of the mortgage be deemed the owner of the ship or share, nor shall the
mortgagor be deemed to have ceased to be owner thereof.

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© 1894 Crown Copyright

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