Section 164: Sale of detained property
consolidated text (as at 2011, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
164. Sale of detained property
(1) The Receiver may sell any property detained pursuant to section 163
where the person liable to pay the salvage in respect of which the property is
detained is aware of the detention and—
(a) the amount is not in dispute and payment of the amount due is
not made within 30 days after it has become due; or
(b) the amount is disputed and within 30 days after the decision of
the Court neither payment of the sum due has been made nor
proceedings for an appeal have been started.
(2) The proceeds of sale of detained property shall, after payment of the
expenses of the sale, be applied by the Receiver in payment of the expenses,
fees and salvage, and any excess shall be paid to the owner of the property
or any other person entitled to it or, in the absence of any such owner or
person, into the Consolidated Fund.