MERCHANT SHIPPING (LOCAL VESSELS) (AMOUNT OF INSURANCE COVER) NOTICE,MERCHANT SHIPPING (LOCAL VESSELS) (AMOUNT OF INSURANCE COVER) NOTICE
- CHAPTER 548K

MERCHANT SHIPPING (LOCAL VESSELS) (AMOUNT OF INSURANCE COVER) NOTICE,MERCHANT SHIPPING (LOCAL VESSELS) (AMOUNT OF INSURANCE COVER) NOTICE - LONG TITLE  
Empowering section VerDate:02/01/2007



((Cap 548 sub. leg. H), section 21)

[2 January 2007]

(L.N. 213 of 2006)



MERCHANT SHIPPING (LOCAL VESSELS) (AMOUNT OF INSURANCE COVER) NOTICE - SECT 1
(Omitted as spent) VerDate:02/01/2007




(Omitted as spent)


MERCHANT SHIPPING (LOCAL VESSELS) (AMOUNT OF INSURANCE COVER) NOTICE - SECT 1
Commencement VerDate: 



This Notice shall come into operation on the day appointed for the 
commencement of section 9 (except in so far as it relates to the new 
section 23B(1)(c)) of the Merchant Shipping (Local Vessels and 
Miscellaneous Amendments) Ordinance 2005 (24 of 2005).



MERCHANT SHIPPING (LOCAL VESSELS) (AMOUNT OF INSURANCE COVER) NOTICE - SECT 2
Amount of insurance cover for first 6 months VerDate:02/01/2007



The following amounts are specified for the purposes of section 23D(3)(c) 
of the Ordinance for the period of 6 months beginning on the commencement 
of this Notice—

        (a)	$3000000 in the case of a policy of insurance in respect of—

        (i)	a local vessel which was, immediately before the commencement 
of section 23D of the Ordinance, a ferry vessel or launch as defined in 
section 107B(3) of the Merchant Shipping Ordinance (Cap 281) in force 
immediately before that commencement; or

        (ii)	a local vessel which is certificated under the Merchant 
Shipping (Local Vessels) (Certification and Licensing) Regulation (Cap 548 
sub. leg. D) for—
(A)	Class I: ferry vessel, launch or multi-purposes vessel; or
(B)	Class II: transportation boat or tug; and

        (b)	$600000 in the case of a policy of insurance in respect of—

        (i)	a local vessel which was, immediately before the commencement 
of section 23D of the Ordinance, a pleasure vessel as defined in section 
107B(3) of the Merchant Shipping Ordinance (Cap 281) in force immediately 
before that commencement; or

        (ii)	a local vessel which is certificated under the Merchant 
Shipping (Local Vessels) (Certification and Licensing) Regulation (Cap 548 
sub. leg. D) for Class IV.



MERCHANT SHIPPING (LOCAL VESSELS) (AMOUNT OF INSURANCE COVER) NOTICE - SECT 3
Amount of insurance cover from seventh month onwards VerDate:02/01/2007



The following amounts are specified for the purposes of section 23D(3)(c) 
of the Ordinance with effect from the expiration of 6 months beginning on 
the commencement of this Notice—

        (a)	$5000000 in the case of a policy of insurance in respect of a 
certificated local vessel which is permitted to carry more than 12 
passengers under the conditions of its operating licence, other than—

        (i)	a Class I primitive vessel; and

        (ii)	a Class IV vessel not let for hire or reward; and

        (b)	$1000000 in the case of a policy of insurance in respect of—

        (i)	a certificated local vessel which is permitted to carry 12 or 
less than 12 passengers under the conditions of its operating licence;

        (ii)	a Class I primitive vessel; or

        (iii)	a Class IV vessel not let for hire or reward.