Singapore legislation
Regulation 16
Regulation 16
Change of ownership of Singapore pleasure craft
Subregulation 1
Where there is to be a change in the ownership of a Singapore pleasure craft, the owner of the pleasure craft must, before the change of ownership takes effect, notify the Registrar in writing.
Subregulation 2
A person who fails to comply with paragraph (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 and, in the case of a continuing offence, to a further fine not exceeding $1,000 for every day or part of a day during which the offence continues after conviction.
Subregulation 3
In a prosecution for an offence under paragraph (2), it is not necessary for the prosecution to prove that the person charged with the offence intended to commit the offence.
Subregulation 4
Where the ownership of a Singapore pleasure craft is to be transferred to another person (called in this paragraph the transferee) —
the registry of the pleasure craft is deemed to be closed immediately upon the transfer; and
if the transferee is a person who qualifies for Singapore registry under regulation 4, the pleasure craft may be registered anew subject to the requirements of regulation 7.