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5.—(1) The Secretary of State may as respects a United Kingdom craft grant an approval for any thing in either the High-Speed Craft Code 1994 or the High Speed Craft Code 2000 which requires the approval of the Government of the State whose flag the craft is entitled to fly.
(2) The Secretary of State may, on giving reasonable notice, alter or cancel any approval given under paragraph (1) above.
(3) An approval given under paragraph (1) and an alteration or cancellation under paragraph (2) shall be given in writing and shall specify the date on which it takes effect and the conditions (if any) on which it is given.
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