19.—(1) The registry of a pleasure craft under this Part shall, unless sooner closed under these Regulations, be valid for a period of one year and may be renewed annually thereafter.
(2) An application for the renewal of the registry of a pleasure craft shall be made in the prescribed form by the person registered as the owner of the pleasure craft or by some other person duly authorised to make the application on his behalf.
(3) The Registrar may, if satisfied that the craft may continue to be registered as a pleasure craft, renew its registry for a period of one year from the date of expiry of its initial registry or last renewal.
(4) If the registry of a pleasure craft is not renewed within 3 months of the date of expiry of its initial registry or last renewal, the registry of the pleasure craft shall be deemed to be closed and the Registrar shall make an entry thereof in the register.