In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Merchant Shipping Act 1995 · 2020 Revised Edition · Part 9 · Wreck and Salvage
171. Valuation of property by receiver
Feedback & support(1)
Where any dispute as to salvage arises, the receiver may, on the application of either party, appoint a valuer to value the property, and must give copies of the valuation to both parties.
salvage
Defined · s 145
“salvage” includes all expenses properly incurred by the salvor in the performance of salvage services;
(2)
Any copy of the valuation purporting to be signed by the valuer, and to be certified as a true copy by the receiver, is admissible as evidence in any subsequent proceedings.
(3)
Any fee that the Authority directs is to be paid in respect of the valuation by the person applying for the valuation.