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(1) The Registrar shall allocate to a fishing vessel on registration a combination and sequence of letters and numbers which is the identity mark and shall be entered in the relevant register book.

(2) Two fishing vessels shall not be allocated the same identity mark.

(3) A registered fishing vessel shall display the identity mark allocated to it on both sides of the bow of the ship and shall show the name of the ship's port of registry on the stern.

(4) The master and the owner of a fishing vessel which displays an identity mark not

allocated to the vessel, or fails to display the vessel's identity mark commits an offence

and are each liable on summary conviction to a fine not exceeding two hundred and fifty penalty units or to a term of imprisonment not exceeding twelve months or to both the  fine and the imprisonment.