[F1Shipowner’s security requirement applicable to all shipsU.K.
53B.—(1) A ship must not be operated unless—
(a)in the case of a ship in a category described in regulation 3(1)(a) or (b), a shipowner’s security is in force in relation to the ship; or
(b)in the case of a ship in the category described in regulation 3(3), financial security to assure compensation in the event of death or long term disability of seafarers arising from occupational illness, injury or hazard is provided in relation to the ship in accordance with paragraph 1 of Standard A4.2.1 of the MLC.
(2) A breach of paragraph (1) is an offence by the shipowner.]
Textual Amendments
F1Pt. 10A inserted (12.7.2018) by The Merchant Shipping (Maritime Labour Convention) (Compulsory Financial Security) (Amendment) Regulations 2018 (S.I. 2018/667), regs. 1, 2(7)