MERCHANT SHIPPING ACT 1894 - SECT 525 Right of Crown to unclaimed wreck.

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MERCHANT SHIPPING ACT 1894 - SECT 525

Right of Crown to unclaimed wreck.

525. Where no owner establishes a claim to any wreck, found in the United
Kingdom and in the possession of a receiver, within one year after it came
into his possession, the wreck shall be dealt with as follows; (that is to
say),

(1)If the wreck is claimed by any admiral, vice-admiral, lord of a manor,
heritable proprietor, or other person who has delivered such a statement to
the receiver as hereinbefore provided, and has proved to the satisfaction of
the receiver his title to receive unclaimed wreck found at the place where
that wreck was found, the wreck after payment of all expenses, costs, fees,
and salvage due in respect thereof, shall be delivered to him;

(2)If the wreck is not claimed by any admiral, vice-admiral, lord of a manor,
heritable proprietor, or other person as aforesaid, the receiver shall sell
the same and shall pay the proceeds of the sale (after deducting therefrom the
expenses of the sale, and any other expenses incurred by him, and his fees,
and paying thereout to the salvors such amount of salvage as the Board of
Trade may in each case, or by any general rule, determine) for the benefit of
the Crown, as follows; (that is to say),

(a)If the wreck is claimed in right of Her Majesty's duchy of Lancaster, to
the receiver-general of that duchy or his deputies as part of the revenues of
that duchy;

(b)If the wreck is claimed in right of the duchy of Cornwall, to the
receiver-general of that duchy or his deputies as part of the revenues of that
duchy; and

<(c)If the wreck is not so claimed, the receiver shall pay the proceeds of sale ... after the decease of Her present Majesty to her heirs and successors.

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Northern Irish Legislation

MERCHANT SHIPPING ACT 1894 - SECT 525