TNAG-2308-FCO40-3345-Future-of-Hong-Kong-shipping-register-1991 — Page 106

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

20

Transitional arrangements may be made for

ships already on the Hong Kong Register which

are not owned in accordance with (a) or (b)

provided they comply with all other

requirements".

3.19.

The UN Conference ownership requirements

stipulate the following:

(a)

the flag State [shall] [should] provide

in its laws and regulations for the

ownership of ships flying its flag; and

(b)

in such laws and regulations the flag

state [shall] [should] include

appropriate provisions for participation

by its nationals as owners of the ships

flying its flag and for the level of such

participation and they should be

sufficient to permit the flag State to

exercise effectively its jurisdiction and

control over the ships flying its flag.

We consider that the ownership criteria above are

sufficient to meet these requirements.

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