(1) The Registrar of ships shall keep such register books as may be necessary for the purposes of this Act including a register book for

(a) merchant ships;

(b) fishing vessels; and

(c) ships under construction.

(2) Entries in the registers shall be made in accordance with the following conditions:

(a) the property in a ship shall be divided into sixty-four shares;

(b) subject to the provisions of this Act with respect to joint owners or owners by transmission, not more than sixty-four individuals shall be entitled to be registered at the same time as owners of any one ship, except that this provision does not affect the beneficial title of any number of persons or of any company represented by or claiming under or through any registered owner or joint owner;

(c) a person is not entitled to be registered as owner of a fractional part of a share in a ship; but any number of persons not exceeding five may be registered as joint owners of a ship or of any share in it;

(d) joint owners shall be considered as constituting one person only for registration and are not entitled to dispose separately of any interest in a ship, or in any share in it for which they are registered; and

(e) a body corporate may be registered as owner by its corporate name.

(3) Upon the completion of the preliminary requirements for the registration of a ship, the Registrar shall enter in the appropriate register the following particulars of the ship:

(a) the present name of the ship and the previous name and registry, if any;

(b) the details contained in the certificate of survey;

(c) the particulars in respect of its origin stated in the declaration of ownership;

(d) the name, address, occupation and nationality of its owner and where there is more than one owner the percentage of shares held by each owner;

(e) the port of registry or home port and the official number or identity mark;

(f) the international call sign of the ship, where one is assigned;

(g) the name of the builder, place and year of the building of the ship;

(h) the description of the main technical characteristics of the ship; and

(i) the details of any mortgages.

(4) The Registrar shall not register a ship purchased or otherwise acquired from a foreigner or a corporate body where a bill of sale or other document by which the ship became vested in the applicant for registration contains express, implied or constructive provisions restricting the use of the vessel or imputing a measure of continued control by the government of a foreign country.

(5) Individual owners, joint owners and corporate bodies that have been recorded in the register book as owners shall be regarded as owners of the ship or any part of her;

(6) The Registrar shall keep a record in a manner approved by the Director-General of

(a) the date of deletion or suspension of the previous registration of a ship; and

(b) the name, address, nationality and other details as appropriate of a ship owner who is qualified under section 2.