31.—(1) A Singapore ship may be chartered out on bareboat charter terms and registered outside Singapore in the name of the bareboat charterer, and its registry as a Singapore ship may be suspended during the charter period.
(2) An application for the suspension of the registry of a Singapore ship shall be made in writing by the owner or by some other person on his behalf and submitted together with —
(a)
a certified copy of the charter-party showing —
(i)
the name of the ship;
(ii)
the name of the charterer and the name of the owner of the ship;
(iii)
the date of the charter party; and
(iv)
the charter period;
(b)
a certified transcript of the register or similar document showing the bareboat charter registry of the ship; and
(c)
the Singapore certificate of registry of the ship.
(3) The Registrar, may, if satisfied of the matters mentioned in paragraph (2) and upon payment of the prescribed fee, enter in the register —
(a)
the date of the suspension of the registry of the ship in Singapore;
(b)
the name of the bareboat charterer;
(c)
the port and country of registry of the ship in the name of the bareboat charterer;
(d)
the date of termination of the suspension referred to in sub-paragraph (a); and
(e)
such other details as the Registrar considers necessary.
(4) The Registrar may, upon application by the owner of the ship, allow the documents specified in paragraph (2)(b) and (c) to be submitted within a period not exceeding 60 days from the date of suspension of the registry of the ship in Singapore.
(5) If the documents are not submitted within the period allowed by the Registrar under paragraph (4), the suspension shall be terminated and cease to have effect and the Registrar shall make an entry thereof in the register.