Republic Acts1 min read
Section 8Sec./Art. 8
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Registration and Deletion of Vessels. - All vessels owned by Philippine shipping enterprises and availing of the incentives under this Act shall be registered under the Philippine flag. Said vessels can only be deleted from the Philippine registry after the MARINA has determined that:
a. No other Philippine shipping enterprise is interested in acquiring the vessel; or
b. The vessel has to be scrapped.LaW㏗iL
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