| (1) | If during the period of validity of a licence issued in terms of these regulations a vessel to which that licence applies— |
| (a) | is permanently transferred from one place to another; or |
| (b) | for any reason, ceases to be a vessel to which section 68 of the Act applies, |
the owner of the vessel must report the transfer or the event contemplated in paragraph (b), as the case requires, in accordance with subregulation (2) to the nearest proper officer within a period of twenty-one days after the date on which the transfer or event occurred.
| (2) | A report referred to in subregulation (1) must be dated and signed by the owner of the vessel and must specify the official number, name (if any) and designation of the vessel and— |
| (a) | in the case of a vessel that has been permanently transferred from one place to another— |
| (i) | the previous home port of the vessel; |
| (ii) | the new home port of the vessel; and |
| (iii) | the date on which the transfer occurred; or |
| (b) | in the case of a vessel that, for any reason, has ceased to be a vessel to which section 68 of the Act applies— |
| (i) | the home port of the vessel; |
| (ii) | the date on which the vessel so ceased; and |
| (iii) | the reason for the vessel so ceasing. |
