Hyperlawhypertext legal database Canada Shipping Act

← Historical versions

Versions of s. 42

S-9 — Canada Shipping Act · 2 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2007-07-01 to present available View Source
    The[Repealed, mortgage2001, ofc. a26, ships. or a share in a ship is not affected by the bankruptcy of the mortgagor after the date of the registration of the mortgage, and the mortgage is to be preferred to any right, claim or interest in the ship or share of the other creditors of the bankrupt or any trustee or assignee on their behalf.332]
    Full text

    [Repealed, 2001, c. 26, s. 332]

  2. 2003-01-01 to 2007-07-01 View Source

    The mortgage of a ship or a share in a ship is not affected by the bankruptcy of the mortgagor after the date of the registration of the mortgage, and the mortgage is to be preferred to any right, claim or interest in the ship or share of the other creditors of the bankrupt or any trustee or assignee on their behalf.