(1) Where a person finds or takes possession of a wreck within Ghana, or where a wreck found or taken possession of outside Ghana is brought within Ghana, the person who finds the wreck or takes possession shall

(a) if the person is the owner, give notice to the receiver for the area in which the wreck is, stating that the person has found or taken possession of the wreck and describing the marks by which the wreck may be recognized, or

(b) if the person is not the owner, as soon as possible deliver the wreck to the receiver of the area.

(2) The Director-General may dispense with a delivery required under subsection (1)(b) in respect of any wreck upon such condition as the Director-General thinks fit.

(3) A person who fails, without reasonable cause, to comply with subsection (1) relating to any wreck commits an offence and is liable on summary conviction to a fine not exceeding 250 penalty units and in addition shall, if the person is not the owner,

(a) forfeit any claim to salvage; or

(b) pay to the owner of the wreck, if it is claimed, or if it is unclaimed, to the person entitled to it, twice the value of the wreck, which may be recovered in the same way as a judgment by the Court.