(1) If any Nepalese
ship meets the following circumstances, the registration of such a ship
shall be revoked:
(a) If it is withdrawn from the sea trade permanently,
(b) If it is lost,
(c) If it is destroyed,
(d) If it cannot be used permanently, and
(e) 8 If the terms set forth in Section 4 or 5 are not
observed.
(2) If a ship meets the circumstances as referred to in Sub-section
(1), the owner of the ship shall give a notice thereof to the Registrar
within Fifteen days after the date of knowledge of that matter.
24A. 9 Power of Government of Nepal to have inspection or demand
details : (1) The Government of Nepal may, at any time, depute a team
of officers and carry out inspection a Nepalese ship registered pursuant
to this Act and inquire into the activities of a body corporate managing
the operation of such a ship.
(2) The Government of Nepal may give order to a body corporate
managing the operation of a ship pursuant to this Act to submit
necessary details relating to the activities of the body corporate and
progress report within at least Fifteen days as specified by the
Government of Nepal, and if such an order is given, it shall be the duty
of the chief of the concerned body corporate to submit such details or
report.