Document ID: chunk:federal_register_of_legislation:F2019L00206:reg:29
Version: federal_register_of_legislation:F2019L00206
Segment Type: reg
Provision Reference: reg 29
Character Range: 53151–54144

29  Transfers of ships

Bill of sale
 (1) For the purposes of subsection 36(1) of the Act, a bill of sale must:
 (a) specify the name and official number of the ship; and
 (b) specify the number of shares in the ship to which the bill of sale relates; and
 (c) specify the name and address of each transferor; and
 (d) specify the name and address of each transferee; and
 (e) be signed by each transferor.

Declaration of transfer
 (2) For the purposes of subsection 36(3) of the Act, a declaration of transfer must:
 (a) be in writing; and
 (b) specify the name and official number of the ship; and
 (c) specify the date of the bill of sale to which the declaration of transfer relates; and
 (d) in relation to each person who is a transferee under the bill of sale—specify:
 (i) for an individual—the grounds on which the individual claims the nationality specified in the declaration; and
 (ii) the extent of the interest of the person in the ship; and
 (e) be signed by each transferee.