← Langkawi International Yacht Registry Act 2003

Langkawi International Yacht Registry Act 2003 s 32

s 32 Transmission of yacht or share

(1) Where a Langkawi yacht or a share in the yacht is transmitted to any person by any lawful means other than by a transfer under section 31, that person shall not be registered as the owner of the yacht or the share in the yacht unless— (a) he has made the prescribed application to the Director General; and (b) the Director General is satisfied that the yacht or the share in the yacht continues to be owned to the prescribed extent by a person who is qualified to own a yacht or a share in the yacht under this Act, and that no other grounds exist on which the registration of the yacht or the share in the yacht may be refused under this Act. (2) If an application under subsection (1) is approved by the Director General, he shall cause the name of the applicant to be registered as the owner of the yacht or the share in the yacht.

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Find Act 630 on lom.agc.gov.my ↗

Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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