Document ID: chunk:federal_register_of_legislation:C2019C00190:section:18
Version: federal_register_of_legislation:C2019C00190
Segment Type: section
Provision Reference: s 18
Character Range: 42035–44298

18  Change in ownership or master of ship, or change in ownership of tangible asset
 (1) Where a direction under this Act issued to the owner of a ship is served in accordance with subsections 17(2) to (7) and a change in the ownership of the ship subsequently occurs while the direction is in force, the person who was the owner at the time the notice was served:
 (a) shall forthwith notify any new owner of the ship of the existence and contents of the direction; and
 (b) shall forthwith notify the Authority, in accordance with the regulations, of the change in the ownership of the ship and furnish the Authority with such particulars of the change as are prescribed for the purposes of this subsection.
 (2) Where a direction under this Act issued to the master of a ship is served in accordance with subsections 17(2) to (7) and the person who is the master of the ship subsequently ceases to be the master of the ship while the direction is in force, the person who ceases to be the master of the ship:
 (a) shall forthwith notify the new master (if any) of the existence and contents of the direction; and
 (b) shall forthwith notify the Authority, in accordance with the regulations, of his or her ceasing to be the master of the ship and furnish the Authority with such particulars as are prescribed for the purposes of this subsection.
 (3) If a direction under this Act issued to the owner of a tangible asset (other than a ship) is served in accordance with subsection 17(9) or (10) and a change in the ownership of the tangible asset subsequently occurs while the direction is in force, the person who was the owner at the time the notice was served:
 (a) must immediately notify any new owner of the tangible asset of the existence and contents of the direction; and
 (b) must immediately notify the Authority, in accordance with the regulations, of the change in the ownership of the tangible asset and give the Authority such particulars of the change as are prescribed for the purposes of this subsection.
 (4) A person commits an offence if:
 (a) a person is subject to a requirement under subsection (1), (2) or (3); and
 (b) the person engages in conduct; and
 (c) the person's conduct breaches the requirement.
Penalty: 50 penalty units.