52. (1) Where any court orders the sale of a registered ship or share in a registered ship, the order of the court shall contain a declaration vesting in a named person the right to transfer the ship or share.
(2) The person named by a court under subsection (1) shall be entitled to transfer the ship or share in the same manner and to the same extent as if the person was the registered owner of the ship or share.
(3) The Minister shall deal with any application relating to the transfer of the ship or share made by the person so named by a court under subsection (1) as if that person was the registered owner.