Merchant Shipping (Registration of Ships) Act 2014
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Order for sale on transfer to unqualified person | ||
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51. (1) Where the property in a registered ship or in a share therein is transferred on death, bankruptcy or otherwise to a person who is not a qualified person, the High Court may, on application by or on behalf of such person, order a sale of the property transferred and direct that the proceeds of the sale, after deducting the expenses, be paid to the person entitled under such transfer or otherwise as the Court likes. | ||
(2) The Court may require any evidence it thinks necessary in order to support the application and may make the order on any terms and conditions it thinks just, or may refuse to make the order and generally may act in the case as the justice of the case requires. | ||
(3) Every application for sale under subsection (1) shall be made not later than 28 days from the date of the occurrence of the event on which the transfer has taken place, or within such further time (not exceeding one year) as the Court may allow. | ||
(4) If— | ||
(a) an application is not made within the time allowed by or under subsection (3), or | ||
(b) the Court refuses an order for sale, | ||
the ship or share transferred shall be liable to removal from the Register under section 21 . |