Merchant Shipping (Ships Eligible for Registration)
Statutory Text (4 Articles)
Suppliment tal-Gazzetta tal-Gvern ta’ Malta, Nru. 17,503, 14 ta’ Novembru, 2003
L.N. 348 of 2003
MERCHANT SHIPPING ACT
(CAP. 234)
Merchant Shipping (Ships Eligible for Registration)
(Amendment) Regulations, 2003
IN exercise of the powers conferred by articles 4(1)(c) and 374 of
the Merchant Shipping Act, the Minister for Transport and
Communications has made the following regulations: -
(1) The title of these regulations is the Merchant Shipping Citation and
(Ships Eligible for Registration) (Amendment) Regulations, 2003, which commencement.
shall be read and construed as one with the Merchant Shipping (Ships L.N. 71 of 2003.
Eligible for Registration) Regulations, 2003, hereinafter referred to as
“the principal regulations”.
(2) These regulations shall come into force on the lst May, 2004.
In regulation 2 of the principal regulations after the definition Amends regulation
2 of the principal
of “Act” there shall be added the following new definition: -
regulations.
“ “international owner” means:–
(a) either a foreign corporate body or other entity which
enjoys to the satisfaction of the Registrar-General legal
personality in terms of the law under which it has been
established or constituted and which has satisfied the
Registrar-General that it can and will ensure due observance
of the laws of Malta relating to merchant shipping; or
(b) a citizen of a Member State of the European
Union;”.
For regulation 3 of the principal regulations there shall be Substitutes
regulation 3 of the
substituted the following
principal
regulations.
3. (1) An international owner shall be qualified to own
“International
a Maltese ship or a share therein.
(2) A foreign body or entity shall be deemed to
satisfy the Registrar-General that it can and will ensure due
observance of the law of Malta relating to merchant shipping,
unless the Registrar-General has made a declaration to the
contrary; and the Registrar-General may, in order not to make
such a declaration or before withdrawing such declaration,
impose such conditions as he may deem fit in the
circumstances that may include the provision of a guarantee
or bond.”.