Part 14 and Schedule 4 of the 2007 Act introduce changes to the Administration of Justice Act 1956 (the 1956 Act) and makes amendments to the law regarding admiralty actions and the arrestment of ships.
The arrestment of ships differs from ordinary arrestment in that ships and cargo on board a ship are arrestable even in the hands of the debtor. Its effect is to fix the vessel in the place in which she is found. An order for sale completes the diligence.
Amendments to admiralty actions are expected to be commenced in June/July 2009.