s.44Transfer of registration from the Cayman Islands to the United Kingdom, a Crown Dependency or a British Overseas Territory
44
Section 44Part 2REGISTRATION OF SHIPS

Transfer of registration from the Cayman Islands to the United Kingdom, a Crown Dependency or a British Overseas Territory

←→ Navigate  ·  Click subsection badges to collapse  ·  Press ? for help

44. (1) Subject to subsection (2), the registration of a ship under this Part may be transferred from the Cayman Islands to the United Kingdom, a Crown Dependency or a British Overseas Territory, as applicable, (referred to in this section as “the intended country of registration”), on application being made by declaration in writing to the Registrar of Shipping by all persons appearing in the Cayman Islands register to be interested in the ship as owners or mortgagees.
A transfer under subsection (1) shall not in any way affect the rights of those persons or any of them specified in subsection (1), and those rights shall, in all respects, continue in the same manner as if the transfer had been effected. Merchant Shipping Act, 2024 Section 45 c Act 1 of 2024 Page 47
On an application under subsection (1), the Registrar of Shipping shall notify the registrar in the intended country of registration and shall send to that registrar —
a copy of all particulars relating to the ship; and
the names of all persons appearing in the register to be interested in the ship as owners or mortgagees.
The ship’s certificate of registry shall be surrendered to the registrar in the intended country of registration, either directly by the person specified in subsection (1) or through the Registrar of Shipping.
Where an application is made under this section —
the Registrar of Shipping shall not proceed to deal with the application unless the Registrar of Shipping is satisfied that laws in force in the intended country of registration do not preclude such transfer of registration; and
a certificate issued by the registrar in the intended country of registration and stating that the registration of the ship is not precluded by any such provision shall be conclusive evidence for the purposes of this subsection of the matters stated in such certificate.
Where the registrar in the intended country of registration issues a new certificate of registry in pursuance of any such application mentioned in subsection (3), the ship in question shall be considered as registered in that country, and the name of the Cayman port of registry shall be removed from the ship’s bow and stern.
The Registrar of Shipping shall, on being notified by the registrar of the intended country of registration of the issue of the new certificate of registry, terminate the registration of the ship in the register.