Section 34: Transmission of property in ship on death, bankruptcy, marriage, etc

34. Transmission of property in ship on death, bankruptcy, marriage, etc.—(1) Where the property in a registered ship, or share therein, is transmitted to a person qualified to own a Pakistani ship on the marriage, death, or bankruptcy of any registered owner, or by any lawful means other than by a transfer under this Ordinance–– (a) that person shall authenticate the transmission by making and signing a declaration, in this Ordinance called a declaration of transmission, identifying the ship and containing statements required to be contained in a declaration of transfer, or as near thereto as circumstances admit, and also a statement of the manner in which and the person to whom the property has been transmitted. (b) if the transmission takes place by virtue of marriage, the declaration shall be accompanied by a copy of the register of the marriage or other legal evidence of celebration thereof, and shall declare the identity of the female owner; (c) if the transmission is consequent on bankruptcy, the declaration of transmission shall be accompanied by proof of such claim; or (d) if the transmission is consequent on death, the declaration of transmission shall be accompanied by a succession certificate, probate or letters of administration under the Succession Act, 1925 (XXXIX of 1925), or a duly certified copy thereof. (2) The registrar, on receipt of the declaration of transmission so accompanied, shall enter in the register book the name of the person entitled under the transmission as owner of the ship or share the property in which has been transmitted, and, where there are more persons than one, shall enter the names of all those persons, but those persons, however numerous, shall, for the purpose of the provision of this Ordinance with respect to the number of persons entitled to be registered as owners, be considered as one person.

Effective date: 2001-01-01

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