Merchant Shipping (Registration of Ships) Act 2014
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Equities not excluded by Act | ||
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47. (1) In this Act “beneficial title” and “beneficially interested” includes interests arising under contract and other equitable interests. | ||
(2) The intention of this Act is that, without prejudice to— | ||
(a) section 46 , that only allows for owners of ships to be registered on the Register, | ||
(b) the disposition of ships under section 57 , | ||
(c) the giving of receipts by— | ||
(i) registered owners under section 46 , and | ||
(ii) registered mortgagees under section 57 and 62 , | ||
(d) the exclusion under section 15 of persons who are not qualified persons from the entitlement to register ships on the Register, | ||
interests arising under contract or other equitable interests may be enforced by or against owners and mortgagees of ships in respect of their interest therein in the same manner as in respect of any other personal property. |