You are viewing the translated version of To Register Ship.
Section 4
To Register Ship
(1) Any of the following commercial Nepalese ships shall be registered in the ship registration book of the Nepal ship Office pursuant to this Act:
(a) At least 51 percent share of the ship is owned by a Nepalese citizen or a body corporate established
pursuant to the prevailing Nepal law,
(b) The principal place of transaction of a body corporate as referred to in Clause (a) is situated
within……….Nepal,
(c) The manager appointed and majority members of the board of directors formed for the operation of
the body corporate operating the ship are Nepalese citizens,
(d) The owners or co-owners of the ship have made an application upon being agreed to register their ship
in the ship registration book of the Nepal Ship Office, and
(e) The foreign registration, if any, of the ship has been cancelled.
(2) The fees and procedures for the registration of a ship shall be as prescribed.
(a) At least 51 percent share of the ship is owned by a Nepalese citizen or a body corporate established
pursuant to the prevailing Nepal law,
(b) The principal place of transaction of a body corporate as referred to in Clause (a) is situated
within……….Nepal,
(c) The manager appointed and majority members of the board of directors formed for the operation of
the body corporate operating the ship are Nepalese citizens,
(d) The owners or co-owners of the ship have made an application upon being agreed to register their ship
in the ship registration book of the Nepal Ship Office, and
(e) The foreign registration, if any, of the ship has been cancelled.
(2) The fees and procedures for the registration of a ship shall be as prescribed.