171Abolition of letters of loosingS
This section has no associated Explanatory Notes
(1)Subject to subsection (2) below, it is no longer competent for any court to loose an arrestment.
(2)Subsection (1) above does not affect—
(a)any enactment or rule of law relating to the loosing of an arrestment of a ship or its cargo; or
(b)the exercise of any other power of the court to recall or restrict an arrestment.