Part 6Diligence on the dependence
171Abolition of letters of loosing
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.