Merchant Shipping (Salvage and Wreck) Act, 1993

Fees of receivers.

43.—(1) There shall be paid to each receiver in respect of the due discharge of functions under this Act by such receiver the expenses properly incurred in such discharge of functions, and also, such fees, in such amount and in respect of such matters as the Minister may, with the consent of the Minister for Finance, direct.

(2) A receiver shall not be entitled to any other remuneration in discharging functions under this Act other than those payments.

(3) A receiver shall, in addition to all other rights and remedies for the recovery of those expenses or fees, have the same rights and remedies in respect thereof as a salvor has in respect of salvage due to such salvor.

(4) Whenever any dispute arises as to the amount payable to any receiver in respect of expenses or fees, that dispute shall be determined by the Minister, whose decision shall be final.

(5) (a) All fees received by a receiver in respect of any services performed as a receiver shall be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Finance may direct.

(b) In this subsection “fees” includes any interest earned by placing fees on deposit.