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Law No. 12/2019 on Vessel Commercial Registration.

Country/Territory
China, Macao SAR
Document type
Legislation
Date
2019
Source
FAO, FAOLEX
Subject
Sea
Keyword
Navigation Registration Enforcement/compliance Legal proceedings/administrative proceedings Offences/penalties
Geographical area
Asia, Eastern Asia, North Pacific, North-West Pacific
Entry into force notes
This Law enters into force 90 days after publication.
Abstract

This Law, consisting of 83 articles divided into eleven Chapters, establishes the legal regime for the commercial registration of vessels in the Macao Special Administrative Region (RAEM). The purpose of commercial vessel registration aims to publicize its legal situation with a view to ensuring legal trade. It does not apply to: 1) vessels used for public purposes and by public services, in order to carry out their own attributions; 2) vessels legally exempted from registration in the maritime registry. The commercial registration of vessels is under the responsibility of the Commercial Registration and Mobile Property Registry (CRCBM). Are subject to registration: Contract for vessel construction; Contract for major repair; Rights of ownership, usufruct and use; Reservation of property, stipulated in a sale agreement; Mortgage, its modification, transmission or assignment of the priority of registration, as well as the assignment of mortgage credit; Leasing and transfer of rights; Leasing for more than one year; Promise of alienation, the preference agreements and the willing disposition, as well as the assignment of the contractual position arising from these facts; Seizure, arrest and any other judicial measures affecting the free disposal of the vessel; Transfer of registered rights or credits, pledge, arrest of these rights; The legal facts that imply the extinction of registered rights, burdens or charges; Any changes to the vessel identification elements which are to be recorded in the register and registrations.

Full text
Portuguese
Website
bo.io.gov.mo

References - Legislation

Implements

Decree-Law No. 90/99/M approving the Regulation for Maritime Activities.

Legislation | China, Macao SAR | 1999

Keyword: Navigation, Registration, Enforcement/compliance, Offences/penalties

Source: FAO, FAOLEX