Regulation 1
Citation and commencement
These Regulations are the Merchant Shipping (Wreck Removal) (Compulsory Insurance) Regulations 2017 and come into operation on 8 September 2017.
/akn/sg/act/sub_leg/2017/MSWRA-S500-2017
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Quick answer
Merchant Shipping (Wreck Removal) (Compulsory Insurance) Regulations 2017 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation MSWRA-S500-2017 2017, currently marked in force and first recorded in 2017.
Citation and commencement
These Regulations are the Merchant Shipping (Wreck Removal) (Compulsory Insurance) Regulations 2017 and come into operation on 8 September 2017.
Definitions
In these Regulations —“certificate” means a certificate issued by the Director under section 16(1) of the Act;“certificate holder”, in relation to any certificate, means the person to whom the certificate was issued;“GST” means the goods and services tax chargeable under the Goods and Services Tax Act 1993.
“certificate” means a certificate issued by the Director under section 16(1) of the Act;
“certificate holder”, in relation to any certificate, means the person to whom the certificate was issued;
“GST” means the goods and services tax chargeable under the Goods and Services Tax Act 1993.
Cancellation of certificates
If, at any time while a certificate is in force, the certificate holder ceases to be the owner of the ship to which the certificate relates, the certificate is to be cancelled by the Director.
The Director may cancel a certificate —
if it is established in any legal proceedings that the contract of insurance or other security in respect of which the certificate was issued is or may be treated as invalid; or
if circumstances arise in relation to the insurer or guarantor named in the certificate (or, where more than one is so named, to any of them) such that, if the certificate were applied for at that time, the Director would be entitled to refuse the application under section 16(3) of the Act.
[Deleted by S 353/2022 wef 05/05/2022]
[Deleted by S 353/2022 wef 05/05/2022]
Fees
The fees specified in the second column of the Schedule are payable to the Director in respect of the matters specified opposite in the first column of the Schedule.
Where GST is chargeable in respect of any matter specified in the first column of the Schedule, GST is calculated based on the rate in force the time the matter is supplied.
Power to waive or refund fees
The Director may, as the Director thinks fit, waive or refund, wholly or in part, the fees paid or payable in respect of item 1 or 2 of the Schedule.
[Deleted by S 867/2023 wef 01/01/2024]