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14.—(1) Notwithstanding that the requirements specified in regulation 13 are satisfied a vessel shall not be registered unless:—
(a)it is managed, and its operations controlled and directed, from within the United Kingdom, and
(b)any charterer, manager or operator of the vessel is a person qualified to be the owner of a British fishing vessel by virtue of regulation 12.
(2) Where:—
(a)the requirements specified in regulation 13 are satisfied with respect to a fishing vessel, but
(b)the legal title to the vessel is vested wholly in one or more qualified persons who is, or as the case may be each of whom is, an individual not resident in the United Kingdom,
the vessel shall only be eligible to be registered as a fishing vessel if a representative person is appointed in relation to the vessel under Part V.
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