143Power of exemption

#### 143 Power of exemption (1) The National Regulator may exempt from the application of this Law, or specified provisions of this Law: (a) a specified vessel or class of vessels; or (b) a specified person or class of persons. (2) The exemption may be confined to one or both of the following: (a) one or more specified periods; (b) one or more specified operations. (3) For the purposes of an exemption for one or more specified periods, of a vessel that is specified or is in a specified class, the periods may be specified as periods for which a specified use is being made of the vessel. (4) An exemption may be granted: (a) on application in accordance with the regulations by a person; or (b) on the initiative of the National Regulator. (5) An exemption is subject to such conditions (if any) as are specified in the instrument of exemption. (6) The National Regulator must not grant an exemption, or impose conditions under subsection (5), unless the National Regulator is satisfied that the exemption concerned, taken together with the conditions to which it is subject, will not jeopardise the safety of a vessel or a person on board a vessel. (7) An exemption granted under subsection (1) is not a legislative instrument.