152Certain vessels taken to be registered

#### 152 Certain vessels taken to be registered (1) For the purposes of this Chapter, an unregistered vessel flying the flag of a country is taken to be registered in that country. (2) If a vessel is in the course of construction, or the construction of a vessel has been completed, and the vessel: (a) has not been registered and is not flying the flag of a country; and (b) is intended to be registered in a particular country; the vessel is taken, for the purposes of this Chapter, to be registered in that country.