{"id":14558,"date":"2019-12-03T22:29:06","date_gmt":"2019-12-04T06:29:06","guid":{"rendered":"https:\/\/canadianvesselregistry.ca\/?page_id=14558"},"modified":"2021-11-22T11:03:47","modified_gmt":"2021-11-22T19:03:47","slug":"registration-listing-and-recording","status":"publish","type":"page","link":"https:\/\/canadianvesselregistry.ca\/nvrc\/registration-listing-and-recording\/","title":{"rendered":"Registration, Listing, and Recording"},"content":{"rendered":"<h3><span style=\"font-weight: 400;\">51. Application<\/span><\/h3>\n<ul>\n<li><b>Application<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">An application for the registration, listing or recording of a vessel must be made in the form and manner, include the information and be accompanied by the documents specified by the Chief Registrar.<\/span><\/p>\n<ul>\n<li><b>Further evidence<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In addition to the specified information and documents, the Chief Registrar may require an applicant to provide evidence, including declarations, that the Chief Registrar considers necessary to establish that a vessel is required or entitled to be registered or is entitled to be listed or recorded.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">52. Names of vessels<\/span><\/h3>\n<ul>\n<li><b>Before registration or listing<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Every vessel, other than one to be registered in the small vessel register, must be named in the form and manner specified by the Chief Registrar before it is registered or listed.<\/span><\/p>\n<ul>\n<li><b>Approval of names<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Chief Registrar may, on application, approve the name of a vessel before it is registered or listed and approve a change in the name of a Canadian v<\/span><\/p>\n<ul>\n<li><b>Disallowance of names<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Chief Registrar must disallow a name i<\/span><\/p>\n<ul>\n<li><b><span style=\"font-weight: 400;\">it is the same as the name of a Canadian vessel;\u00a0<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">it is likely, in the opinion of the Chief Registrar, to be confused with the name of a Canadian vessel or with a distress signal;\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">it is likely, in the opinion of the Chief Registrar, to be offensive to members of the public; or\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">its use is prohibited under an Act of Parliament.<\/span><\/li>\n<\/ul>\n<ul>\n<li>Requiring renaming<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Minister may order that a Canadian vessel be renamed if the Minister considers that its name would prejudice the international reputation of Canada.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">53. Ownership of vessels<\/span><\/h3>\n<ul>\n<li><b>Shares<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For the purposes of registration, the property in a vessel is divided into 64 shares.<\/span><\/p>\n<ul>\n<li><b>Registered owners<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Subject to subsections (3) and (4), only owners or joint owners of a vessel or of one or more shares in a vessel may be registered in the Register as owners of the vessel or shares, as the case may be.<\/span><\/p>\n<ul>\n<li><b>Registered owners \u2014 financing agreements<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In the case of a vessel described in paragraph 47(c) (a vessel subject to a financing agreement), the persons referred to in that paragraph are to be registered in the Register as the owners of the vessel.\u00a0<\/span><\/p>\n<ul>\n<li><b>Bare-boat charterers<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In the case of a vessel described in section 48 (a bareboat chartered vessel), no person may be registered in the Register as an owner of the vessel.\u00a0<\/span><\/p>\n<ul>\n<li><b>Registration of joint owners<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">No more than five persons may be registered in the Register as joint owners of a vessel or a share in a vessel.\u00a0<\/span><\/p>\n<ul>\n<li><b>Disposition of registered joint interests<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A registered jointly owned interest in a vessel or a share in a vessel may be disposed of only by the joint owners acting together.\u00a0<\/span><\/p>\n<ul>\n<li><b>Registration of fractions prohibited<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">No person may be registered as the owner of a fractional part of a share in a vessel.<\/span><\/p>\n<ul>\n<li><b>No effect on beneficial owners<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This section does not affect the beneficial interests of a person represented by or claiming through an owner of a vessel or a share in a vessel.\u00a0<\/span><\/p>\n<ul>\n<li><b>Trusts not recognized<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">No notice of a trust may be entered in the Register.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">54. Certificates<\/span><\/h3>\n<ul>\n<li><b>Certificates of registry<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If the Chief Registrar is satisfied that all of the requirements of registration or listing have been met with respect to a vessel, the Chief Registrar must register or list the vessel, as the case may be, in the Register and issue a certificate of registry.\u00a0<\/span><\/p>\n<ul>\n<li><b>Information<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Every certificate of registry in respect of a vessel must contain the information specified by the Chief Registrar, including\u00a0<\/span><\/p>\n<ul>\n<li><b><span style=\"font-weight: 400;\">its description;\u00a0<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">its official number; and\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">the name and address of<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">in the case of a vessel described in paragraph 47(b) (a vessel owned by a foreign corporation), the authorized representative,\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">in the case of a vessel described in section 48 (a bare-boat chartered vessel), the bare-boat charterer, and\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">in any other case, its owner and the authorized representative.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li>Period of validity<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Every certificate of registry is valid for the period specified by the Chief Registrar.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">55. Provisional certificates<\/span><\/h3>\n<ul>\n<li><b><span style=\"font-weight: 400;\">The Chief Registrar may, on application, issue a provisional certificate in respect of a vessel that is required or entitled to be registered under this Part if<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">the vessel is in a foreign port and a person intends to register it under this Part; or\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">the vessel is in a port in Canada and the Chief Registrar is satisfied that permission to operate the vessel should be granted before a certificate of registry can be issued.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li>Issuance<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Chief Registrar may, on application, issue a provisional certificate in respect of a vessel that is not required or entitled to be registered under this Part if the Chief Registrar is satisfied that the vessel needs to undergo sea trials.<\/span><\/p>\n<ul>\n<li><b>Validity<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A provisional certificate is valid for the purpose and the period specified by the Chief Registrar.<\/span><\/p>\n<ul>\n<li><b>Application<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">An application for a provisional certificate must be made in the form and manner, include the information and be accompanied by the documents specified by the Chief Registrar.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">56. Lost certificates<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u00a0If a certificate of registry or provisional certificate is mislaid, lost or destroyed, the Chief Registrar must issue a replacement certificate of registry or provisional certificate, as the case may be, on application made by the authorized representative in the form and manner and including the information and accompanied by the documents specified by the Chief Registrar.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">57. Marking<\/span><\/h3>\n<ul>\n<li><b>Marking<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The authorized representative of a Canadian vessel shall, in the form and manner specified by the Chief Registrar, mark the vessel with its official number and any other information that the Chief Registrar specifies.<\/span><\/p>\n<ul>\n<li><b>Validity of certificate of registry<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A vessel\u2019s certificate of registry is not valid until the vessel has been marked in accordance with subsection (1).<\/span><\/p>\n<ul>\n<li><b>Maintenance of markings<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The authorized representative shall ensure that the vessel is kept marked.\u00a0<\/span><\/p>\n<ul>\n<li><b>Defacing, etc., markings<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">No person shall wilfully deface, alter, conceal or remove the markings of a Canadian vessel.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">58. Notifying Chief Registrar\u00a0<\/span><\/h3>\n<ul>\n<li><b>Notification of changes\u00a0<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The authorized representative of a Canadian vessel shall notify the Chief Registrar within 30 days after any of the following occurs:\u00a0<\/span><\/p>\n<ul>\n<li><b><span style=\"font-weight: 400;\">the vessel is lost, wrecked or removed from service;\u00a0<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">there has been a change in the owner\u2019s, the authorized representative\u2019s or a registered mortgagee\u2019s name or address;\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">the information provided with the application under section 51 has changed; or\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">in the case of a vessel described in section 48 (a bare-boat chartered vessel),\u00a0<\/span><\/li>\n<\/ul>\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">the right to fly the flag of the foreign state is reinstated, or\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">the charterer ceases to have complete control and possession of the vessel.<\/span><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<ul>\n<li><b>Notification of alterations<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If a Canadian vessel is altered to the extent that it no longer corresponds with its description or particulars set out on the certificate of registry, the authorized representative shall, within 30 days after the alteration, notify the Chief Registrar and provide the Chief Registrar with the relevant information and documents.\u00a0<\/span><\/p>\n<ul>\n<li><b>Notification of changes<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If for any reason a Canadian vessel does not have an authorized representative, its owner shall\u00a0<\/span><\/p>\n<ul>\n<li><b><span style=\"font-weight: 400;\">notify the Chief Registrar of that fact as soon as possible in the circumstances; and<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">notify the Chief Registrar within 30 days after any event referred to in subsection (1) or (2) occurs.<\/span><\/li>\n<\/ul>\n<ul>\n<li>Notification of completion of construction<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Within 30 days after completion of the construction of a vessel that is recorded as being built in Canada, the person in whose name the vessel is recorded shall notify the Chief Registrar of that fact and of the name and address of its owner.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">59. Maintenance of Register<\/span><\/h3>\n<p><b>Amendments\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Chief Registrar may amend the Register or a certificate of registry to give effect to changes of which the Chief Registrar has been notified under section 58 or to correct any clerical errors or obvious mistakes.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">60. Suspension, Cancellation, and Reinstatement of Registration<\/span><\/h3>\n<ul>\n<li><b>Suspension and cancellation<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0Subject to the regulations, the Chief Registrar may suspend or cancel the registration or listing of a Canadian vessel if<\/span><\/p>\n<ul>\n<li><b><span style=\"font-weight: 400;\">it is not marked in accordance with subsection 57(1);\u00a0<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">its certificate of registry has expired;\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">it does not have an authorized representative; or\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">section 58 has not been complied with.<\/span><\/li>\n<\/ul>\n<ul>\n<li>Cancellation<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">it has been lost, wrecked or removed from service;\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">it is no longer required or entitled to be registered or entitled to be listed under this Part; or<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">in the case of a registered vessel, a tonnage certificate provided by a tonnage measurer indicates that the vessel should be re-registered.<\/span><\/li>\n<\/ul>\n<ul>\n<li>Notice before cancellation<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If a Canadian vessel is not required or entitled to be registered under this Part after its ownership changes, the Chief Registrar must, before cancelling its registration under paragraph (2)(b), give the owners and registered mortgagees\u00a0<\/span><\/p>\n<ul>\n<li><b><span style=\"font-weight: 400;\">notice of the change in ownership; and\u00a0<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">\u00a0an opportunity that, in the opinion of the Chief Registrar, is sufficient to transfer the vessel or shares in the vessel to a qualified person or to make an application under section 74.<\/span><\/li>\n<\/ul>\n<ul>\n<li>Cancellation of registration<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Except in the case of a vessel described in paragraph 47(c) (a vessel subject to a financing agreement), the Chief Registrar must cancel the registration of a vessel if a person who acquires the vessel or a share in it does not, within the prescribed period, provide evidence that satisfies the Chief Registrar that the vessel is required or entitled to be registered under this Part.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">61. Registration of mortgages not affected<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The cancellation of the registration of a vessel does not affect the registration of mortgages in respect of the vessel.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">62. Reinstatement<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The Chief Registrar may reinstate the registration or listing of a vessel if, in the Chief Registrar\u2019s opinion, the registration or listing of the vessel should not have been cancelled.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">63. Custody of Certificates of Registry and Provisional Certificates<\/span><\/h3>\n<ul>\n<li><b>Carrying on board<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Subject to subsection (3), no person shall operate a vessel in respect of which a certificate of registry or provisional certificate has been issued unless the certificate is on board.\u00a0<\/span><\/p>\n<ul>\n<li><b>Delivery of certificate<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A person who is in possession of a vessel\u2019s certificate of registry or provisional certificate shall deliver it to the person who is entitled to operate the vessel.\u00a0<\/span><\/p>\n<ul>\n<li><b>Delivery of certificate<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A person who is in possession of a certificate of registry or a provisional certificate issued under this Part shall deliver it to the Chief Registrar on request.\u00a0<\/span><\/p>\n<ul>\n<li><b>Detention of certificate<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A certificate of registry or provisional certificate is not subject to detention because of any title to, lien on, charge on or interest in the vessel that is claimed by an owner, a mortgagee, a charterer or an operator of the vessel, or by any other person.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">64. Rights and Obligations<\/span><\/h3>\n<ul>\n<li><b>Right to fly Canadian flag<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A Canadian vessel has the right to fly the Canadian flag.<\/span><\/p>\n<ul>\n<li><b>Obligation to fly flag<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The master of a Canadian vessel, other than one registered in the small vessel register, shall ensure that it flies the Canadian flag\u00a0<\/span><\/p>\n<ul>\n<li><b><span style=\"font-weight: 400;\">when signalled to do so by a government vessel or a vessel under the command of the Canadian Forces; or<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">when entering or leaving, or while moored at or anchored in, a port.<\/span><\/li>\n<\/ul>\n<ul>\n<li>Exception<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Chief Registrar may, on application, suspend the registration of a Canadian vessel in respect of the right to fly the Canadian flag while the vessel is shown on the registry of a foreign state as a bare-boat chartered vessel.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Mortgages<\/span><\/h2>\n<h3><span style=\"font-weight: 400;\">65. Mortgages<\/span><\/h3>\n<ul>\n<li><b>Mortgage of vessel or share<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The owner of a vessel registered under this Part other than in the small vessel register, of a share in such a vessel or of a vessel recorded as being built in Canada may give the vessel or share, as the case may be, as security for a mortgage to be registered under this Part.<\/span><\/p>\n<ul>\n<li><b>Filing of mortgage<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A mortgage is to be filed with the Chief Registrar in the form and manner specified by the Chief Registrar.\u00a0<\/span><\/p>\n<ul>\n<li><b>Date and time of registration<span style=\"font-weight: 400;\">\u00a0<\/span><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A mortgage is to be registered in the order in which it is filed, indicating the date and time of registration.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">66. Entry of discharge of mortgage\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">On receipt of satisfactory evidence that a mortgage has been discharged, the Chief Registrar is to enter the discharge in the Register.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">67. Priority of mortgages<\/span><\/h3>\n<ul>\n<li><b><span style=\"font-weight: 400;\">If more than one mortgage is registered in respect of the same vessel or share in a vessel, a mortgage registered before another mortgage has priority over that other mortgage.<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li>Consent to change in priority<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The priority of mortgages may be changed if all of the mortgagees file their written consent with the Chief Registrar.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">68. Mortgagee not treated as owner\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A mortgage of a vessel or a share in a vessel does not have the effect of the mortgagee becoming, or the mortgagor ceasing to be, the owner of the vessel, except to the extent necessary to make the vessel or share available as security under the mortgage.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">69. Mortgagee has power of sale<\/span><\/h3>\n<ul>\n<li><b><span style=\"font-weight: 400;\">\u00a0A mortgagee of a vessel or a share in a vessel has the absolute power, subject to any limitation set out in the registered mortgage, to sell the vessel or the share.\u00a0<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li>Restriction<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If there is more than one registered mortgage of the same vessel or share, a subsequent mortgagee may not, except under an order of the Federal Court or of a court of competent jurisdiction whose rules provide for in rem procedure in respect of vessels, sell the vessel or share without the agreement of every prior mortgagee.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">70. Mortgage not affected by bankruptcy<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The mortgage of a vessel or a share in a vessel is not affected by the bankruptcy of the mortgagor after the date of the registration of the mortgage, and the mortgage is to be preferred to any right, claim or interest in the vessel or share of the other creditors of the bankrupt or any trustee or assignee on their behalf.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">71. Transfer of mortgages<\/span><\/h3>\n<ul>\n<li><b><span style=\"font-weight: 400;\">A registered mortgage of a vessel or a share in a vessel may be transferred to any person, in which case the instrument effecting the transfer must be filed in the form and manner specified by the Chief Registrar.<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li>Entry of particulars<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Chief Registrar is to enter the particulars of the transfer in the Register.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">72. Transmission of interest of mortgagee<\/span><\/h3>\n<ul>\n<li><b><span style=\"font-weight: 400;\">If the interest of a mortgagee in a vessel or a share in a vessel is transmitted on death or bankruptcy, or by any lawful means other than by a transfer under section 71, the person to whom the interest is transmitted must file with the Chief Registrar the evidence of the transmission that the Chief Registrar specifies.<\/span><\/b><\/li>\n<\/ul>\n<ul>\n<li>Entry of particulars<span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Chief Registrar is to enter the particulars of the transmission in the Register.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Transfers of Vessels or Shares in Vessels\u00a0<\/span><\/h2>\n<h3><span style=\"font-weight: 400;\">73. Transfer<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If the ownership of a Canadian vessel or a share in one changes and the vessel is still required or entitled to be registered under this Part,\u00a0<\/span><\/p>\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">the owner must provide the Chief Registrar with the evidence, including declarations, that the Chief Registrar considers necessary to establish that the vessel is required or entitled to be so registered; and<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">the Chief Registrar must amend the Register and the vessel\u2019s certificate of registry to reflect the change.<\/span><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<h3><span style=\"font-weight: 400;\">74. Order for sale on acquisition by an unqualified person<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If an unqualified person acquires a Canadian vessel, other than a vessel described in paragraph 47(b) (a vessel owned by a foreign corporation), a vessel described in paragraph 47(c) (a vessel subject to a financing agreement) or a vessel described in section 48 (a bare-boat chartered vessel), or a share in one, any interested person may apply to the Federal Court, or any court of competent jurisdiction whose rules provide for in rem procedure in respect of vessels, for an order that the vessel or share, as the case may be, be sold to a qualified person.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">75. Power of court to prohibit transfer\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">On the application of an interested person, the Federal Court, or any court of competent jurisdiction whose rules provide for in rem procedure in respect of vessels, may make an order prohibiting any dealing with a Canadian vessel or a share in one for a specified period.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>51. Application Application An application for the registration, listing or recording of a vessel must be made in the form and manner, include the information and be accompanied by the documents specified by the Chief Registrar. Further evidence In addition to the specified information and documents, the Chief Registrar may require an applicant to provide&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"iawp_total_views":28,"footnotes":""},"class_list":["post-14558","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/canadianvesselregistry.ca\/nvrc\/wp-json\/wp\/v2\/pages\/14558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianvesselregistry.ca\/nvrc\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/canadianvesselregistry.ca\/nvrc\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/canadianvesselregistry.ca\/nvrc\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianvesselregistry.ca\/nvrc\/wp-json\/wp\/v2\/comments?post=14558"}],"version-history":[{"count":25,"href":"https:\/\/canadianvesselregistry.ca\/nvrc\/wp-json\/wp\/v2\/pages\/14558\/revisions"}],"predecessor-version":[{"id":55656,"href":"https:\/\/canadianvesselregistry.ca\/nvrc\/wp-json\/wp\/v2\/pages\/14558\/revisions\/55656"}],"wp:attachment":[{"href":"https:\/\/canadianvesselregistry.ca\/nvrc\/wp-json\/wp\/v2\/media?parent=14558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}