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3.—(1) No ship affected by a restriction on registration specified in column 3 of the Schedule in relation to any category of registry shall be registered under Part I of the Merchant Shipping Act 1894(1) in a relevant overseas territory assigned to that category.
(2) Paragraph (1) above shall 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 that paragraph by virtue of which the registration of ships under Part I of the 1894 Act in that territory is, or may be, further restricted.
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