The transmission of the interest of a mortgagee in a vessel or share on death, or insolvency, or by any lawful means other than by a transfer under this Act shall be in accordance with such procedure and subject to such conditions as may be prescribed.
Section 31: Transmission of interest in mortgage in certain circumstances.
The Merchant Shipping Act, 2025Central Act · Act 24 of 2025
Where this provision sits
| Act | The Merchant Shipping Act, 2025 |
|---|---|
| Section | 31 |
| Marginal note | Transmission of interest in mortgage in certain circumstances. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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