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72.—(1) Where—
(a)there is a discrepancy between the particulars of ownership registered in respect of a vessel in a Part I register or a Scottish register as the case may be, and the particulars provided by the owner on the application for transfer, and
(b)the discrepancy is such that in the opinion of the Secretary of State title to the vessel is inadequately provedthe Secretary of State may, if the owner so requests, register the vessel with simple registration but (notwithstanding paragraph 2(c) of Schedule 2 of the Act) sections 19 (transfers by bill of sale) and 20 (transmissions) shall apply to the vessel and the entry in the register relating thereto shall be marked to indicate that these sections apply and, where, the vessel is subject to a mortgage, the mortgage shall be registered.
(2) Where a vessel is registered pursuant to paragraph (1) the owner thereof shall produce to the Secretary of State as soon as possible evidence of title complying with regulation 8, 9 or 10, as applicable.
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