OpenLegislation

Regulation 61 Transfer or transmission of registered mortgageI1F1

United Kingdom

Where a transfer of a registered mortgage or evidence of a transmission is produced to the Registrar, he shall:—

(a)

enter the name of the transferee, or the name of the person to whom the mortgage has been transmitted, in the Register as mortgagee of the ship or share in question;

(b)

in respect of a transfer, F2where an original is provided, endorse on the instrument of transfer the date and time the entry was made.

Annotations

Textual amendments

F1

Reg. 61 substituted (21.3.1994) by The Merchant Shipping (Registration of Ships) (Amendment) Regulations 1994 (S.I. 1994/541), regs. 1, 10

F2

Words in reg. 61(b) inserted (1.10.2017) by The Merchant Shipping (Registration of Ships) (Amendment) Regulations 2017 (S.I. 2017/879), regs. 1, 4

Commencement

I1

Reg. 61 in force at 21.3.1994, see reg. 1(1)