Singapore legislation
Section 42
Section 42
Voluntary closure of registry
(1)
The owner of a Singapore ship may make a written application to close its registry if there is no —
unsatisfied mortgage entered in its register;
subsisting entry made under section 24 prohibiting any dealing with the ship;
unpaid fees within the meaning of section 213(4) with respect to the ship; and
outstanding claim of any crew member of the ship in respect of wages which has been notified to the Director.
(2)
The application must specify the name of the ship, the intended port and country of registry (if applicable) or otherwise the reason for the closure and must be submitted to the Registrar together with the certificate of registry of the ship.
(3)
On receipt of the application and the certificate of registry, the Registrar must, if the Registrar is satisfied of the matters mentioned in subsection (1), close the registry of the ship and make an entry thereof in the register.
(4)
For the purposes of this section, “owner” includes any transferee of, or any person entitled under a transmission to the property in, a Singapore ship.