Transfer of Belizean ship to foreign registry

(1) The owner of a Belizean ship who wishes to transfer the ship to a foreign registry may do so if there are no claims outstanding in favour of the Government of Belize and shall submit to the Registrar, (a) a written application specifying the name of (b) the reason for the proposed transfer; 23 (c) the name and nationality of the proposed new owner, if any; (d) the name of the country to whose registry the proposed transfer is desired; and (e) the cancellation or written consent of every registered mortgage or mortgagee. (2) Having satisfied the Registrar by the provision of the above documents, the owner shall, if he requests, be issued with a “permission to transfer” certificate to assist with the transfer of the vessel to its new registry, and after the transfer of the vessel has been effected, the Registrar shall issue a deletion certificate on payment of the appropriate fees whereupon the Belize registry of the vessel will be considered as closed.