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10. Order of priority of maritime claims.

(1) The order of maritime claims determining the inter se priority in an admiralty proceeding shall be as follows:-

(a) a claim on the vessel where there is a maritime lien;

(b) registered mortgages and charges of same nature on the vessel;

(c) all other claims.

(2) The following principles shall apply in determining the priority of claimsinter se-

(a) if there are more claims than one in any single category of priority, they shall rank equally;

(b) claims for various salvages shall rank in inverse order of time when the claims thereto accrue.

Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017 Back

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