Section 2
In this Part -
of Merchant Shipping (Registration of Ships) Regulations, 2006
"age", in relation to a ship, means the difference between -
(a} the year in which its keel was laid, or was at a similar stage of construction; and
(b} the year in which it is to be registered as a Brunei Darussalam ship;
"citizen of Brunei Darussalam" includes a permanent resident of Brunei
Darussalam;
"foreign-owned ship" means a ship that is not locally owned;
"local company" means a company, or a company which has a holding company, in which all or a majority of the shares are owned by persons who are citizens of Brunei Darussalam.
Exemption of naval ships etc.
Regulations -
fa}
ships belonging to the naval, military or air forces of Brunei
Darussalam; and 2141
{b) ships belonging to the Royal Brunei Police Force.
Non-application.
{a) any fishing vessel;
{b) any pleasure craft; and
{c) ships or classes of ships belonging to the Government carrying out safety, customs, fiscal, health or immigration enforcement functions.
Owners of ships registered under Part II of Order.
{a) citizens of Brunei Darussalam;
Companies Order, 2002 (S 56/2000).
Closure of registry of certain tugs, barges and ships.
(a)
a local company shall be closed if all or a majority of the shares in the company or its holding company, if any, are; or
Conditions for registry.