Clause 19

by inserting, immediately after the word “costs” in the fourth line of subsection (3) and in the second line of subsection (4), the word “, expenses”;

by inserting, immediately after the word “sold” at the end of subsection (4), the words “free of all encumbrances”; and

by deleting subsection (5) and substituting the following subsections:“(5) The proceeds of sale of a vessel under this section shall, notwithstanding any rule of law relating to priority of claims, be applied first in payment of any fine, costs, expenses or charges incurred under this Act and of any costs incurred in and about the sale and the proceedings leading thereto, and the balance shall be paid to the owner of the vessel or other person lawfully entitled to the proceeds thereof.(6) Section 3(1)(r) of the High Court (Admiralty Jurisdiction) Act [Cap. 123] shall be construed as extending to any claim in respect of a liability incurred by the owner of a ship under this Act.”.