Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 22 December 1955 - onwards
22. Penalty for unqualified person acquiring ownership of Irish ship.
Amendments (requiring commencement) by Sch. 1 to the Merchant Shipping (Registration of Ships) Act 2014 (No. 43), published 25 December 2014.
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If a person who is not a qualified person acquires as owner, otherwise than by transmission as hereinafter provided for, any interest, legal or beneficial, in an Irish ship, the interest so acquired shall be subject to forfeiture under this Act.