SHIPPING REGISTRATION ACT 1981 - SECT 47E Compensation for lodging caveat without reasonable cause
SHIPPING REGISTRATION ACT 1981 - SECT 47E
Compensation for lodging caveat without reasonable causeA person who lodges a caveat with the Registrar without reasonable cause is liable to pay to a person who has sustained damage thereby such compensation as is just and the compensation is recoverable in an action in a court of competent jurisdiction by the person who has sustained damage from the person who lodged the caveat.