Merchant Shipping Act 1894

TWENTIETH SCHEDULE.

Maximum Fees and Remuneration of Receivers.

£

s.

d.

For every examination on oath instituted by a receiver with respect to any vessel which may be or may have been in distress, a fee not exceeding - - - - -

1

0

0

But so that in no case shall a larger fee than two pounds be charged for examinations taken in respect of the same vessel and the same occurrence, whatever may be the number of the deponents.

For every report required to be sent by the receiver to the secretary of Lloyd’s in London, the sum of - - -

0

10

0

For wreck taken by the receiver into his custody, a per-centage of five per cent, upon the value thereof.

But so that in no case shall the whole amount of percentage so payable exceed twenty pounds.

In cases where any services are rendered by a receiver, in respect of any vessel in distress, not being wreck, or in respect of the cargo or other articles belonging thereto, the following fees instead of a percentage; (that is to say,)

If that vessel with her cargo equals or exceeds in value six hundred pounds, the sum of two pounds for the first, and the sum of one pound for every subsequent day during which the receiver is employed on that service, but if that vessel with her cargo is less in value than six hundred pounds, one moiety of the above-mentioned sum.