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(1) Where the Director-General or a person authorised by the Director-General for the purpose is satisfied on receipt of the surveyor's report in respect of cargo ship, that the ship is eligible for exemption under this Act from any of the requirements of the Regulations applicable to the ship and to the voyages it is to be engaged in, and that the ship complies with the remainder of these requirements, the Director-General shall on the application of the owner issue in respect of the ship

(a) where it is of not less than five hundred gross tons and is to be engaged on international voyages,

(i) an exemption certificate stating from which of the requirements of the Safety Convention the ship is exempt and that the exemption is conditional on the ship plying only on the voyages and being engaged only in the trades and complying with the other conditions specified in the certificate, and

(ii) a certificate showing that the ship complies with those requirements of the Safety Convention from which it is not exempt, and

(c) in any other case, a certificate showing

(i) that the ship complies with the requirements of Cargo Ship Construction and Survey Regulations from which the ship is not exempt; and

(ii) the voyages on which it is to be engaged.

(2) Certificate issued under subsection (1) paragraph (a) or (b), is in this Act referred to as a "Qualified Cargo Ship Safety Construction Certificate".