73National Regulator may recognise certificates

#### 73 National Regulator may recognise certificates (1) The National Regulator may, by written instrument, recognise a certificate, or a class of certificates, issued for a vessel or a person under a law of the Commonwealth, a State or a Territory, or a law of a foreign country, if the National Regulator is satisfied: (a) that the certificate is the equivalent of, or that it is otherwise appropriate to recognise the certificate as the equivalent of, a prescribed certificate; or (b) that the class of certificates is the equivalent of, or that it is otherwise appropriate to recognise the class of certificates as the equivalent of, a prescribed class of certificates. (2) At a time when a certificate in force for a vessel or a person is recognised under this section, the prescribed certificate is taken to be in force for the vessel or the person. (3) The National Regulator may specify conditions to which the recognition of the certificate is subject. (4) A recognition of a certificate ceases to have effect if a condition to which its recognition is subject is contravened. (5) The National Regulator may revoke a recognition of a certificate in the circumstances prescribed by the regulations. (6) An instrument made under subsection (1) is not a legislative instrument.