58.
| (1) Every bill of sale for the transfer of a registered ship or of a share therein, when duly executed, shall be produced to the Registrar of the port of registry of the ship with the declaration of transfer, and the Registrar-
| | (a) shall thereupon enter in the register book the name of the transferee as owner of the ship or share; and | | |
| | (b) shall endorse on the bill of sale the fact of that entry having been made, with the day, date and hour thereof. | | |
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| (2) Bills of sale of a ship or of a share therein shall be entered in the register book in the order of their production to the Registrar. |
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Sri Lanka Consolidated Acts