Warrant may issue in cases of concealment of wreck

(1) Where the Minister suspects or receives information that any abandoned wreck is secreted or is in the possession of some person who is not the owner thereof, or that any such wreck is otherwise improperly dealt with, he may cause an application to be made to any magistrate for a search warrant, and that magistrate shall have power to grant such a warrant, and a police officer of or above the rank of Inspector may by virtue of such warrant enter any house or other place, wherever situate, and also any vessel, and search for such wreck, and seize and detain any such wreck there found. (2) If any such seizure of abandoned wreck is made in consequence of information given by any person to the Minister, the Minister may, after consultation with the Minister of Finance, grant to the informer by way of reward such sum not exceeding twenty-five per centum of the value of the said wreck as he may determine.