Section 19: Restriction on registration.

A ship which is or has been registered in another country shall not be eligible for registration under this actunless— a) a certificate has been issued to the effect that the ship has been deregistered; b) a certificate has been issued to the effect that the ship will be deregistered on the day that the new registration is effected; c) that the ship’s foreign registration has been cancelled or will be cancelled on the day that the new registration is effected; d) no mortgages are outstanding against the ship; or e) where there are mortgages, outstanding against the ship the mortgage have consented in writing to the deregistration or cancellation of the ship’s foreign registration.