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MERCHANT SHIPPING ACT 1894 - SECT 56

56. No notice of any trust, express, implied, or constructive, shall be
entered in the register book or be receivable by the registrar, and, subject
to any rights and powers appearing by the register book to be vested in any
other person, the registered owner of a ship or of a share therein shall have
power absolutely to dispose in manner in this Act provided of the ship or
share, and to give effectual receipts for any money paid or advanced by way of
consideration.

© 1894 Crown Copyright

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