Merchant Shipping (Miscellaneous Provisions) Act, 1998

Amendment of Mercantile Marine Act, 1955.

3.—The Mercantile Marine Act, 1955 , is hereby amended by the substitution of the following section for section 16:

“16. (1) Subject to section 19 of this Act respecting reciprocating states, the following shall be qualified to own a registered ship or a share therein:

(a) the Government;

(b) a Minister of the Government;

(c) a national of a Member State;

(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.

(2) In this section, ‘Member State’ means a Member State of the European Communities.”.