100.—(1) In the event of:—
(a)a ship ceasing to be a ship to which this Part applies, or
(b)a change in the details recorded on the certificate of registry,
the registration of the ship shall terminate.
(2) Where the registration of a ship is terminated, the certificate of registry shall cease to have effect and shall, within one month, be surrendered to the Registrar by the person registered prior to the termination as the owner of the ship or, if he has died, by his legal personal representative.