Merchant Shipping Act · s 177

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s 177

The proceeds of sale shall be applied by the wharfin-ger or warehouseman as follows and in the following order-

(a)

first, in payment of any duties payable to the

Government in respect thereof; then

(b)

in payment of the expenses of the sale; then

(c)

in payment of the charges of the wharfinger or warehouseman and the shipowner according to such priority as is determined by the terms of the agreement, if any, in that behalf between them, or if there is no such agreement -

(i)

in payment of the rent, rates and other charges due to the wharfinger or warehouse-man in respect of the said goods; and then

(ii)

in payment of the amount claimed by the ship-owner as due for freight or other charges in respect of the said goods, and the surplus, if any, shall be paid to the owner of the goods.

warehouse-