(1)Her Majesty may by Order in Council make provision for regulating the registration of ships under Part I of the 1894 Act in relevant overseas territories by reference to categories of registries established by the Order.
(2)Any such Order may—
(a)establish different categories of registries to which different restrictions on the registration of ships under Part I of the 1894 Act apply, being restrictions framed by reference to—
(i)ships' tonnages, or
(ii)types of ships, or
(iii)any other specified matter, or
(iv)any combination of matters falling within one or more of the preceding sub-paragraphs,
as well as a category of registries to which no such restriction applies;
(b)assign any relevant overseas territory to such one of the categories so established as appears to Her Majesty to be appropriate;
(c)provide that, where a relevant overseas territory has been assigned to a category to which any such restriction on registration as is mentioned in paragraph (a) applies, no ship covered by that restriction shall be registered under Part I of the 1894 Act in that territory;
(d)specify circumstances in which ships may be exempted from any provision made by virtue of paragraph (c).
(3)Any provision made by virtue of subsection (2)(c) shall be expressed to be without prejudice to the operation of any provision for the time being in force under the law of any such territory as is mentioned in subsection (2)(c) by virtue of which the registration of ships under Part I of the 1894 Act in that territory is, or may be, further restricted.
(4)An Order in Council under this section—
(a)may make such transitional, incidental or supplementary provision as appears to Her Majesty to be necessary or expedient; and
(b)shall be subject to annulment in pursuance of a resolution of either House of Parliament.