Merchant Shipping (Salvage and Wreck) Act, 1993

Effect of delivery on wreck, etc., by receiver.

50.—(1) Due parting with possession of wreck or payment of the proceeds of sale of such wreck by the receiver under this Part shall discharge the receiver from all liability in respect of the delivery or payment.

(2) Due parting with possession of wreck by the receiver under this Part shall not, however, prejudice or affect any question which may be raised by third parties concerning any right or title to the wreck or, where appropriate, concerning the title to the soil of the place on which the wreck was found.