Sri Lanka Consolidated Acts

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Merchant Shipping Act (No. 52 of 1971) - Sect 245

Powers of removal to extend to tackle, cargo, &c

245.
(1) The provisions of this Chapter relating to removal of wrecks shall apply to every article or thing or collection of things being or forming part of the tackle, equipment, cargo, stores or ballast of a vessel, in the same manner as if it were included in the term " vessel ".
(2) For the purpose of this Chapter, all proceeds of sale arising from a vessel and from the cargo thereof or any other property recovered therefrom, shall be regarded as a common fund.

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