Personal Property Securities (Consequential Amendments) Act 2009 (131 of 2009)

Schedule 3   Maritime legislation

Shipping Registration Act 1981

22   Subsection 47D(3)

Repeal the subsection, substitute:

(3) A caveat does not prevent the Registrar from entering in the Register the transmission of a ship, or of a share in a ship, to a person if the person becomes entitled to the transmission by operation of law, except to the extent that the caveat specifies otherwise.