55.
| (1) In the event of a registered ship being either actually or constructively lost, taken by the enemy, burnt, or broken up or ceasing, by reason of a transfer to persons not qualified to be owners of a Ceylon ship, or otherwise, to be a Ceylon ship, every owner of the ship or any share in the ship shall, immediately on obtaining knowledge of the event, if no notice thereof has already been given to a Registrar, give notice thereof to the Registrar at the port of registry of such ship. |
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| (2) A Registrar shall, on receiving any notice given to him under sub-section (1), make an entry thereof in the register book, and the registry of the ship in that book shall be considered as closed except in so far as relates to any unsatisfied mortgages or existing certificates of mortgage entered therein. |
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| (3) In any event referred to in sub-section (1) (except where the ship's certificate of registry is lost or destroyed) the master of the ship shall-
deliver the certificate to the Registrar or, if there is none, to the Ceylon Consular officer there; and the Registrar, if he is not himself the Registrar of the port of registry, or, as the case may be, the Ceylon Consular officer, shall forthwith forward the certificate delivered to him to the Registrar of the port of registry of such ship | | (a) if the event occurs in port, immediately; | | |
| | (b) if the event occurs elsewhere, then, within ten days after his arrival in port, | | |
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| (4) Any owner or master of a ship who fails, with out reasonable cause, to comply with this section, shall be guilty of an offence and on conviction thereof shall be liable to a fine not exceeding two thousand rupees. |
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Sri Lanka Consolidated Acts