Part 9Wreck of ships and aircraft
Procedure in salvage
120Receiver may sell wreck in case of non-payment (Repealed)
Notes
- Section 120: repealed, on , by section 20(2) of the Maritime Transport Amendment Act 1999 (1999 No 68).
Maritime Transport Act 1994
Wreck of ships and aircraft - Procedure in salvage
120: Receiver may sell wreck in case of non-payment
"If you don't pay for a wreck, it can be sold by the receiver."
If you have a wreck and you do not pay for it, the receiver can sell the wreck. The receiver has the power to do this if you do not pay. This rule used to be part of the Maritime Transport Act 1994, but it was repealed on 16 October 2003 by section 20(2) of the Maritime Transport Amendment Act 1999, which you can find on the legislation website.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM336416.