Mercantile Marine Act, 1955

Transfer of ship or share.

43.—(1) A registered ship or a share therein (when disposed of to a qualified person) shall be transferred by bill of sale.

(2) The bill of sale shall contain such description of the ship as is contained in the surveyor's certificate, or the certificate of an authority recognised by the Minister and shall be in such form as the Revenue Commissioners may with the consent of the Minister from time to time direct or as near thereto as circumstances permit, and shall be executed by the transferor in the presence of, and be attested by, a witness or witnesses.