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← Merchant Shipping Act 1995

Merchant Shipping Act 1995 s 20

s 20 Transfer to person not qualified to own Singapore ship

20.—(1) A Singapore ship or any share therein must not be transferred to a person not qualified to own a Singapore ship if there is —(a) any unsatisfied mortgage entered in its register; (b) any subsisting entry made under section 24 prohibiting any dealing with the ship; (c) any unpaid fees within the meaning of section 213(4) with respect to the ship; and (d) any outstanding claim of any crew member of the ship in respect of wages which has been notified to the Director.[6/2014] (2) Where a Singapore ship or any share therein is transferred to a person not qualified to own a Singapore ship and the bill of sale is registered under section 18, the registry of the ship is deemed to be closed and the Registrar must make an entry thereof in the register. (3) This section, except subsection (2), does not apply to a Singapore ship or any share therein sold pursuant to an order of the General Division of the High Court.[40/2019]

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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