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No. S 500

Merchant Shipping (Wreck Removal) Act 2017

(ACT 25 OF 2017)

Merchant Shipping (Wreck Removal)
(Compulsory Insurance) Regulations 2017

In exercise of the powers conferred by section 31(1) of the Merchant Shipping (Wreck Removal) Act 2017, the Maritime and Port Authority of Singapore, with the approval of the Minister for Transport, makes the following Regulations:

Citation and commencement

1. These Regulations are the Merchant Shipping (Wreck Removal) (Compulsory Insurance) Regulations 2017 and come into operation on 8 September 2017.

Definitions

2. In these Regulations —

“certificate” means a certificate issued by the Director under section 16(1) of the Act;

“certificate holder”, in relation to any certificate, means the person to whom the certificate was issued;

[S 1015/2022 wef 01/01/2023]

“GST” means the goods and services tax chargeable under the Goods and Services Tax Act 1993.

[S 1015/2022 wef 01/01/2023]

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]

4. [Deleted by S 353/2022 wef 05/05/2022]

Fees

5.—(1) The fees specified in the second column of the Schedule are payable to the Director in respect of the matters specified opposite in the first column of the Schedule.

(2) Where GST is chargeable in respect of any matter specified in the first column of the Schedule, GST is calculated based on the rate in force the time the matter is supplied.

[S 1015/2022 wef 01/01/2023]

Power to waive or refund fees

6.—(1) The Director may, as the Director thinks fit, waive or refund, wholly or in part, the fees paid or payable in respect of item 1 or 2 of the Schedule.

[S 1015/2022 wef 01/01/2023]

[S 867/2023 wef 01/01/2024]

(2) [Deleted by S 867/2023 wef 01/01/2024]

Made on 7 September 2017.

NIAM CHIANG MENG

Chairman,
Maritime and Port Authority of Singapore.

[MPA 46/02.C26.V01/LSK; AG/LEGIS/SL/180B/2015/1 Vol. 1]