Document ID: chunk:federal_register_of_legislation:C2007C00185:clause:1_58
Version: federal_register_of_legislation:C2007C00185
Segment Type: clause
Provision Reference: sch 1 cl 58
Character Range: 23354–24060

58  Subsection 16(2)
Repeal the subsection, substitute:

 (2) However, the following ships are not regulated Australian ships:
 (a) an Australian ship regulated as an offshore facility;
 (b) a ship of a kind prescribed by the regulations.

 (3) In this Act, an Australian ship regulated as an offshore facility means a FPSO or FSU that is:
 (a) an Australian ship; and
 (b) either a security regulated offshore facility or part of a security regulated offshore facility.

Note: A FPSO or FSU is both a ship and an offshore facility. As it is an offshore facility, the Secretary may declare it to be a security regulated offshore facility. If this happens, the ship ceases to be a security regulated ship.