269Notification of loss of ships

#### 269 Notification of loss of ships If: (a) the owner or agent of a ship to which Part II applies has reason to believe that the ship has been wholly lost; or (b) the owner or agent of any other ship has reason to believe that the ship has been wholly lost on or near the coast of Australia; the owner or agent shall forthwith give notice in writing to the Authority that he or she believes the ship to be lost and shall state, to the best of his or her knowledge, the probable cause of the loss. Penalty: 50 penalty units.