Section 366

An initial registration fee of $2.50 per net ton and an annual tonnage tax of 20 cents per net ton shall be payable in respect of every Singapore ship. The fee and tax shall not be increased for a period of 20 years from the date of initial registration of the ship:Provided that for any ship of less than 500 net tons the registration fee and the annual tonnage tax shall be equal to that required for a ship of 500 net tons.

All unpaid fees and tonnage taxes due to the Registrar shall constitute a maritime lien on the ship, subject only to liens for wages and salaries.[404