57Obligation to notify National Regulator of certain matters

#### 57 Obligation to notify National Regulator of certain matters (1) The holder of a certificate of operation for a domestic commercial vessel commits an offence if: (a) the vessel is sold, modified, sunk or scrapped; and (b) the holder does not notify the National Regulator within the prescribed period of the sale, modification, sinking or scrapping of the vessel. Penalty: 60 penalty units. (2) An offence against subsection (1) is an offence of strict liability. > Note: For strict liability, see section 6.1 of the Criminal Code.