(1)The Authority may at the request of a person—
(a)warehousing or depositing goods in a warehouse or place in the port specially appropriated for the purpose; or
(b)entitled to goods so warehoused or deposited;
issue to him a warrant for the delivery of the goods so warehoused or deposited or such part thereof as may be specified in the warrant.
(2)A warrant issued under subsection (1) of this section shall be transferable by endorsement and shall entitle the person named therein or the last endorsee thereof to the delivery of the goods specified therein and the goods so specified shall for all purposes be deemed to be his property.