# Merchant Shipping Act 1995, Paragraph 3


(1) Where a registered ship, or a share in a registered ship, is transmitted to any person by any lawful means other than a transfer under paragraph 2 above and the ship continues to have a British connection, that person shall not be registered as owner of the ship or share unless—
(a) he has made the prescribed application to the registrar; and
(b) the registrar is satisfied that the ship retains a British connection and that he would not refuse to register the ship.
(2) If an application under sub-paragraph (1) is granted by the registrar, the registrar shall cause the applicant’s name to be registered as owner of the ship or share.

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Source: https://www.legislation.gov.uk/ukpga/1995/21/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/merchant-shipping-act-1995/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.