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accountable representative should, if a company, be
incorporated in Hong Kong, or if an individual, be
ordinarily resident in Hong Kong.
Charters
3.17.
There are a number of types of charters of
vessels; charters by demise will have to be considered in
particular in the context of a new shipping register.
The charterer in a charter by demise in effect manages
and controls the vessel even though the ultimate legal
title remains with the registered owner. The ship will
be entitled to remain registered in Hong Kong, legal
sanctions in respect of any contravention of the
requirements of registry being available to the Hong Kong
Government.
www.
3.18.
Even though 'Management and Control' of the
ship itself will not be required as a criterion for
registration, the genuine link will thus be firmly
maintained between the ship and Hong Kong.
3.19.
A large proportion of the ships at present
registered in Hong Kong are in fact chartered by demise
to interests outside Hong Kong.
The existing
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