Merchant Shipping Act 1995 s 29

s 29 Mortgagee not deemed to be owner

29. Except as may be necessary for making a mortgaged ship or any share therein available as a security for the mortgage debt, the mortgagee is not, by reason of the mortgage, deemed to be the owner of the ship or share, nor is the mortgagor deemed to have ceased to be the owner of the ship or share.

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