xmlns:atom="http://www.w3.org/2005/Atom"

Part IIRegistration of British Fishing Vessels

Preliminary

12Interpretation of Part II, etc

(1)In this Part (unless the context otherwise requires)—

(2)It is hereby declared that a vessel for the time being used (or intended to be used) wholly for the purpose of conveying persons wishing to fish for pleasure is not a fishing vessel for the purposes of this Part.

(3)References in this Part to a fishing vessel being eligible to be registered as a British fishing vessel shall be construed in accordance with section 14.

(4)For the purposes of this Part the beneficial ownership of a fishing vessel shall be determined by reference to every beneficial interest in that vessel, however arising (whether held by a trustee or nominee or arising under a contract or otherwise), other than an interest held by any person as mortgagee.