s 8 Conditions for registration of ships
8.—(1) The Authority may, with the approval of the Minister, make regulations prescribing the conditions for the registration of a ship as a Singapore ship. (2) Without limiting subsection (1), regulations made under this section may make provision —(a) describing the persons qualified to own Singapore ships or any share therein (called in this Part persons qualified to own Singapore ships); (b) requiring a corporation having a share capital to have a minimum amount of paid-up capital; (c) limiting the age and tonnage of a ship; (d) requiring a corporate owner to disclose to the Registrar such particulars and in such manner as may be specified before making an application to register a ship; and (e) empowering the Registrar to close the registry of a Singapore ship and cancel its certificate of registry for any contravention of the regulations. (3) The Registrar may refuse to register any ship as a Singapore ship without assigning any reason.