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Maritime Regulations Ch.05 PDF Print E-mail

CHAPTER 5

 

 

PREFERRED SHIP MORTGAGES ON VANUATU VESSELS

ACKNOWLEDGMENTS
30. (1) Every acknowledgment of a bill of sale, conveyance or mortgage shall be in a form substantially as follows, subscribed by an official designated under Section 53 of the Act:


(a) (where corporate seal used):



CITY OF ...............................................)



SS




NATION OF ......................................... )



On this ................................. day of ....................................19....... 



before me personally appeared ..................................................... to me known,



who being by me duly sworn, deposes and says that he resides at ................., that he is President (or Attorney-in-Fact, etc.) for (name of shipyard or corporation), the corporation (or company) described in and which executed the foregoing instrument; that he knows the seal of the corporation; that the seal affixed to the instrument is such corporate seal and that it was so affixed by order of the Board of Directors (or whatever group has corporate authority) of the corporation and that he signed his name thereto by like order.



.......................................................................................................



(Commissioner or a Deputy Commissioner, a Consul or Consular agent of Vanuatu or a Notary Public or other officer authorised by the laws of the place where the acknowledgment is made to take acknowledgments of deeds.)


(b) (where no corporate seal used):



CITY OF ...............................................)



SS




NATION OF .........................................)



On this .................................... day of ................................. 19....... 



before me personally appeared ........................................... to me known,



being by me duly sworn, deposes and says that he resides at ......................., that he is President (or Attorney-in-Fact, etc.) for (name of corporation ), the corporation (or company) described in and which executed the foregoing instrument; and that he signed his name thereto pursuant to authority granted to him by the Board of Directors of said corporation.



....................................................................................................



(Commissioner or a Deputy Commissioner, a Consul or Consular Agent of Vanuatu or a Notary Public or other officer authorised by the laws of the place where the acknowledgment is made to take acknowledgments of deeds.)

(2) Acknowledgments before consuls, other than those of the Republic of Vanuatu or of other countries nominated by the Minister by notice published in the Gazette, shall not be valid.
BILL OF SALE RECORDING
31. (1) Where a vessel is sold or transferred and re-registered under the Act, a Bill of Sale issued in connection with such sale or transfer shall be recorded in the office of the Commissioner or a Deputy Commissioner, as soon as practicable thereafter.

(2) In cases of new buildings, the Builder's Certificate or, in cases of transfer from another Flag, the Bill of Sale may be, but is not required to be, recorded.

(3) A Bill of Sale to be recorded shall be submitted to the Commissioner or a Deputy Commissioner in four original copies.
MORTGAGE RECORDING
32. No mortgage shall be recorded unless it is submitted in original and four counterparts all duly executed, acknowledged. All mortgages shall be in the English language or include an English translation acceptable to the Commissioner or Deputy Commissioner.
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