Claims secured by a lien and relating to the same voyage rank in the order in which they are set out in
Article 2. Claims included under any one heading share concurrently and rateably in the event of the fund
available being insufficient to pay the claims in full. The claims mentioned under Nos. 3 and 5 in that Article rank, in each of the two categories, in the inverse order of the dates on which they came into existence.
Claims arising from one and the same occurrence are deemed to have come into existence at the same time.
Official text
Transcription: Machine-parsed
In force from 10-04-1926
Source page 2
Lex Cameroon does not hold a French version of this provision. You can read an unofficial machine translation — for understanding only, never to quote.
Section 5 of the International Convention of 10 April 1926 for the Unification of Certain Rules of Law relating to Maritime Liens and Mortgages, 1926/akn/un/act/treaty/1926-04-10/convention-maritime-liens-mortgages-1926
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