Mercantile Marine Act, 1955
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Prohibition of registry and saver for certain ships. |
20.—(1) Subject to subsection (2) of this section a ship which is not wholly owned by one or more qualified persons shall not be registered under this Act. | |
(2) Notwithstanding section 16 of this Act, a ship, whether owned by qualified persons or not, whose name is entered before the date of the passing of this Act, in a register book at a port in the State shall be deemed to be duly registered under this Act. |