Hong Kong Regulations

MERCHANT SHIPPING (LOCAL VESSELS) (CERTIFICATION AND LICENSING) REGULATION - SECT 31

Cancellation of certificate of ownership, etc. at owner’s request

(1) At the request of the owner of a local vessel, the Director may cancel the
certificate of ownership and may cancel the full licence, temporary licence or
revoke the permission for a laid-up vessel (as applicable) of the vessel.

(2) For the purpose of subsection (1), the owner’s request shall be in
writing and—

   (a)  shall state the reason for the request for cancellation and revocation
        (if applicable) and how the owner proposes to dispose of the vessel;

   (b)  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,
        shall contain the written consent to the cancellation and revocation
        (if applicable) signed by each party, other than the owner, to the
        mortgage or hire-purchase agreement (as the case may be); and

   (c)  shall be accompanied by the certificate of ownership, and the
        full licence, temporary licence or permission for a laid-up vessel (as
        applicable), of the vessel.