93. The costs awarded by the Court and arising out of the arrest and subsequent sale of a ship and the distribution of the proceeds thereof shall be paid first out of the proceeds of such sale, and the balance shall be distributed among-
in accordance with the provisions of this Chapter and to the extent necessary to satisfy their claims.
| (a) the holders of maritime liens under section 83; |
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| (b) the holders of preferential rights under section 86; and |
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| (c) the holders of mortgages and other preferential rights registered under Chapter 4, |
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Sri Lanka Consolidated Acts