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Canada Shipping Act, 2001

Version of section 162 from 2003-01-01 to 2019-07-29:

Marginal note:Release of wreck

 On disposal or release of wreck or payment of the proceeds of its disposition by a receiver of wreck under this Part, the receiver, and any person authorized or a member of a class of persons authorized under subsection 154(2), is discharged from all liability in respect of the wreck.

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