Victorian Numbered Regulations

MARINE REGULATIONS 2009 (SR NO 180 OF 2009) - REG 405

    (1)     A registered owner of a vessel who sells or otherwise disposes of the vessel must, within 14 days after the sale or disposal of the vessel—

        (a)     complete and sign the relevant section of an application for transfer of registration in the form approved for that purpose by the Director; and

        (b)     give the application to the person who acquires the vessel.

Penalty:     2 penalty units.

    (2)     A person who purchases or otherwise acquires a registered vessel must, within 14 days after the purchase or acquisition of the vessel—

        (a)     ensure that the person disposing of the vessel has completed the relevant section of the application for transfer of registration; and

        (b)     complete the relevant section of the application; and

        (c)     give the completed application for transfer of registration form to the Director.

Penalty:     2 penalty units.