Merchant Shipping Act 2010
Disposal of a raised vessel.
76.— When a vessel raised under this Part is no longer required for the purposes referred to in section 75 for which it was raised—
( a) the relevant party shall notify the owner of the vessel of the location of the vessel and allow a period of 28 days in which the owner may reclaim and collect the vessel, and
( b) where the owner does not wish to reclaim and collect the vessel, or in the absence of a response within the specified time period, the relevant party may dispose of the vessel by sale or otherwise.