58Power to rescind transfers

#### 58 Power to rescind transfers 58 Power to rescind transfers > > (1) The responsible regulator may rescind the transfer of a vessel registration certificate under this division if, within 14 days after the transfer, the responsible regulator becomes aware that the transfer was— > > > > > (a) not genuine, or > > > > > (b) undertaken to avoid liability. > > > (2) If a transfer is rescinded— > > > > > (a) the vessel registration certificate is taken to have never been transferred, and > > > > > (b) the responsible regulator must notify the person who disposed of the vessel and the person who acquired the vessel of the rescission as soon as practicable after the rescission. > > > (3) The regulations may provide for the rescission of transfers of vessel registration certificates, including— > > > > > (a) the return or issue of vessel registration certificates, and > > > > > (b) the refund of fees. > > **s 58:** Rep 2012 No 90, Sch 1 \[20\]. Ins 2025 No 12, Sch 1\[52\].