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

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.