Article 6 Construction of pre-commencement references to 1894 Act

Any reference, however worded, in any mortgage or document by which immediately before 21st March 1994 a ship is made security for the repayment of a loan or discharge of other obligation, to registration of the ship under Part I or IV of the 1894 Act or under the Merchant Shipping Act 1988^f1 shall be construed as a reference to registration of the ship under the 1993 Act.