Section 12
Folio Of Charges And Restrictions
(1) The folio of charges and
restrictions inserted in the main book shall indicate the right of mortgage
etc. creating charges on some parts of the concerned ship, counter rights
on these rights, rent contracts, rights to use and exercise, right of priority
to purchase and all restrictions on the sale and disposal of the ship.
(2) Each inserted part shall contain all documents supporting the
matters indicated in that part, and these documents shall be put orderly.