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Merchant Shipping (Registration of Ships) Regulations, 2006 · s 6

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s 6

The registry of a tug or a barge, or a ship of less than 1,600 tons, and owned wholly or partly by-

(a)

a local company shall be closed if all or a majority of the shares in the company or its holding company, if any, are; or

(b)

a citizen of Brunei Darussalam shall be closed if any share in the tug, barge or ship is, transferred to a person who is not a citizen of Brunei Darussalam or another local company.

Conditions for registry.