Cancellation of certificates
3.—(1)  If, at any time while a certificate is in force, the certificate holder ceases to be the owner of the ship to which the certificate relates, the certificate is to be cancelled by the Director.
[S 353/2022 wef 05/05/2022]
(2)  The Director may cancel a certificate —
(a)if it is established in any legal proceedings that the contract of insurance or other security in respect of which the certificate was issued is or may be treated as invalid; or
(b)if circumstances arise in relation to the insurer or guarantor named in the certificate (or, where more than one is so named, to any of them) such that, if the certificate were applied for at that time, the Director would be entitled to refuse the application under section 16(3) of the Act.
(3)  [Deleted by S 353/2022 wef 05/05/2022]
[S 353/2022 wef 05/05/2022]