57. Where a registered ship or a share therein is transferred, the transferee shall not be entitled to be registered as owner thereof until he, or, in the case of a body corporate the person authorized by this Act to make declarations on behalf of the body corporate has made and signed a declaration (in this Act referred to as a " declaration of transfer ") referring to the ship and containing-
| (a) a statement of the qualification of the transferee to own a Ceylon ship or, if the transferee is a body corporate, of such circumstances of the constitution and business thereof as prove it to be qualified to own a Ceylon ship; and |
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| (b) a declaration that, to the best of his knowledge and belief, no unqualified person or body of persons is entitled as owner to any legal or beneficial interest in the ship or any share therein. |
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Sri Lanka Consolidated Acts