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The following subsection shall be substituted for subsection (2) of section forty-eight of the principal Act:—
“(2)If default is made in registering anew a ship, or in registering an alteration of a ship so altered as aforesaid, the owner of the ship shall be liable on summary conviction to a fine not exceeding one hundred pounds, and in addition to a fine not exceeding five pounds for every day during which the offence continues after conviction.”
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