Hehe, I bet the Receiver of Wreck has been having a lovely time
as its a military wreck, the cargo belongs to the UK Treasury. Though the finders will get a large slice of the est $1billion loot.
Yes, and which agency is responsible for the handling of all salvage? It doesnt matter who it belongs to, the reports and actions must legally be put through to the RoW first. I worked there for a stint so my comment was based on knowing what it was like. They only have a couple of people in the dept., and in general not much goes on (most people dont bother filing salvage reports, as if they think its valuable they are scared of losing it. The RoW also is required to take part in legal proceedings such as the (relatively) recent court cases where ownership of wrecks sunk during the world wars was brought into question in regards to wargraves etc. I was at the Court of Appeal case with the RoW on that, most boring day of my life.