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MERCHANT SHIPPING ACT 1894 - SECT 498

Provisions as to deposits by owners of goods.

498. The proceeds of sale shall be applied by the wharfinger or warehouseman
as follows, and in the following order:

(i)First, if the goods are sold for home use, in payment of any customs or
excise duties owing in respect thereof; then

(ii)In payment of the expenses of the sale; then

(iii)In payment of the charges of the wharfinger or warehouseman and the
shipowner according to such priority as may be determined by the terms of the
agreement (if any) in that behalf between them; or, if there is no such
agreement

(a)in payment of the rent, rates, and other charges due to the wharfinger or
warehouseman in respect of the said goods; and then

(b)in payment of the amount claimed by the shipowner as due for freight or
other charges in respect of the said goods;

Sale of goods by warehousemen.



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© 1894 Crown Copyright

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