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MERCHANT SHIPPING ACT 1894 - SECT 46

Revocation of certificates of mortgage and sale.

46.(1) The registered owner of any ship or share therein in respect of which a
certificate of mortgage or sale has been granted, specifying the places where
the power thereby given is to be exercised, may, by an instrument under his
hand, authorise the registrar by whom the certificate was granted to give
notice to the registrar or British consular officer at every such place that
the certificate is revoked.

(2) Notice shall thereupon be given accordingly and shall be recorded by the
registrar or British consular officer receiving it, and after it is recorded
the certificate shall be deemed to be revoked and of no effect so far as
respects any mortgage or sale to be thereafter made at that place.

(3) The notice after it has been recorded shall be exhibited to every person
applying for the purpose of effecting or obtaining a mortgage or transfer
under the certificate.

(4) A registrar or British consular officer on recording any such notice shall
state to the registrar by whom the certificate was granted whether any
previous exercise of the power to which such certificate refers has taken
place.

Rules as to name of ship.



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© 1894 Crown Copyright

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