In case a ship mortgage is established without registration and the mortgagee transfers the mortgaged ship to a third party, the mortgagee may not act against the transferee of the mortgaged ship.

 
  • 為船舶設定抵押權但未登記,抵押權人將被抵押船舶轉讓第三人時(shí),抵押權人不得對抗被抵押船舶的受讓人;
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