Hong Kong Regulations

MERCHANT SHIPPING (LOCAL VESSELS) (CERTIFICATION AND LICENSING) REGULATION - SECT 22

Notice of transfer of local vessel

Transfer of ownership

(1) Within 7 working days after the transfer of the ownership of a
certificated local vessel—

   (a)  the original owner and the new owner of the vessel shall sign a notice
        of transfer of ownership in duplicate (one copy for the original owner
        and the other for the new owner);

   (b)  the original owner or his agent shall deliver to the Director—

        (i)    the original owner's copy of the notice of transfer of
               ownership;

        (ii)   the certificate of ownership relating to the vessel; and

        (iii)  any full licence, temporary licence or permission for a 
               laid-up vessel relating to the vessel; and

   (c)  the new owner of the vessel or his agent shall deliver to the Director
        the new owner's copy of the notice of transfer of ownership.

(2) A notice of transfer of ownership referred to in subsection (1) shall
contain—

   (a)  the name, shore address in Hong Kong and telephone number of the new
        owner;

   (b)  the certificate of ownership number of the vessel;

   (c)  the date of the transfer of ownership; and

   (d)  where an endorsement as to a mortgage of or as to a hire-purchase
        agreement for the vessel is made on the certificate of  ownership, the
        written consent to the transfer, signed by each party, other than the
        original owner, to the mortgage or hire-purchase agreement

(as the case may be).

(3) A person who without reasonable excuse contravenes subsection

(1) or (2) commits an offence and is liable on conviction to a fine at level
3.

(4) On receipt of the certificate and the licence or permission delivered
under subsection (1)(b), the Director—

   (a)  shall cancel the certificate; and

   (b)  shall cancel the licence or revoke the permission unless the licence
        or permission is endorsed under section 23(1)(b)(i).