The Law of Ships

Previously mentioned in N3TPKM10-12
Amended
The keynote of revision of the Law of Ships is to enact article 15-1 as follows:
To import existing ships, the contract or the letter of intent for the transaction, the ship's particulars, the ship's certificate, and approval documents of authorities concerned shall be submitted for shipping administrative authority approval before importation.
For the imported existing ship or change of its purpose, the ship’s age shall not exceed the allowable importation year published by the competent authority.
The ship's certificate referred to item1 means the certificate of nationality. If the certificate can’t be submitted in the case of not applying to the country’s ship regulations, a construction certificate issued by shipyard's can be replaced.