Fisheries (Amendment) Act, 1994

PART II

Provisions Relating to Fishing Generally

Persons qualified to own registered sea fishing ships.

3.—(1) Section 16 of the Act of 1955 shall not apply to sea fishing ships.

(2) Subject to section 19 of the Act of 1955 respecting reciprocating states, the following shall alone be qualified to own a registered sea fishing ship or a share therein—

(a) the Government;

(b) a Minister of the Government;

(c) a national of a Member State; or

(d) a body corporate established under and subject to the law of a Member State and having its principal place of business in a Member State.

(3) Every ship to which the provisions of subsection (2) apply, shall be registered under the Act of 1955 unless the ship is exempt under section 18 (2) of that Act from the obligation to register under that Act.