Singapore legislation
Section 18
Section 18
Transfer of ship and registration of bill of sale
(1)
A Singapore ship or any share therein must be transferred by a bill of sale.
(2)
The bill of sale for the transfer of a ship or any share therein to a person qualified to own a Singapore ship must be in the prescribed form and must contain such description of the ship as is contained in the register and must be executed by the transferor in the presence of and be attested by a witness or witnesses.
(3)
Every bill of sale must be produced to the Registrar and the Registrar must thereupon enter in the register the name of the transferee and must endorse on the bill of sale the fact of that entry having been made with the date and time thereof.
(4)
Bills of sale must be entered in the register in the order of their production to the Registrar.
(5)
The Registrar must not make an entry under this section in respect of any ship if there is —
any unsatisfied mortgage entered in its register, unless, where the ship or any share therein is transferred to a person qualified to own a Singapore ship, the mortgagee has given consent in writing;
any subsisting entry made under section 24 prohibiting any dealing with the ship;
any unpaid fees within the meaning of section 213(4) with respect to the ship; and
any outstanding claim of any crew member of the ship in respect of wages which has been notified to the Director.
(6)
Subsection (5) does not apply in respect of a bill of sale executed pursuant to an order of the General Division of the High Court for the sale of a Singapore ship or any share therein.