14HPermit to register vessel etc.

14H Permit to register vessel etc.

(1) The Minister may grant a person a permit authorising a specified action referred to in paragraph 11D(1)(a) or (4)(b) in relation to a vessel.

Note: Section 13A of the Act applies to a permit granted by the Minister under this regulation.

(2) The Minister may grant a permit only if: (a) for a permit authorising an action referred to in subparagraph 11D(1)(a)(i) to (v) or (4)(b)(i) to (v)—the Committee has approved the action in advance; and (b) for a permit authorising an action referred to in subparagraph 11D(1)(a)(vi) or (4)(b)(vi)—a determination referred to in paragraph 22 of Resolution 2321 is in effect in relation to the vessel; and (c) for a permit authorising an action referred to in subparagraph 11D(1)(a)(vii) or (4)(b)(vii)—a determination referred to in paragraph 11 of Resolution 2397 is in effect in relation to the vessel.

Note: Both paragraphs (a) and (b) of this subregulation may apply to a particular permit (for example, the provision of insurance services to a vessel that is registered in the Democratic People’s Republic of Korea and also owned by a national of the Democratic People’s Republic of Korea may be an action referred to in both subparagraphs 11D(1)(a)(v) and (a)(vi)).