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ADMIRALTY ACT 1988 - SECT 24 Proceeds

ADMIRALTY ACT 1988 - SECT 24

Proceeds

    Where, but for the sale of a ship or other property under this Act, a proceeding could have been commenced as an action in rem against the ship or property, the proceeding may be commenced as an action in rem against the proceeds of the sale that have been paid into a court under this Act.