18.—(1) If, at any time after an aircraft has been registered in the Territory, an unqualified person becomes entitled to a legal or beneficial interest by way of ownership in the aircraft or a share in the aircraft, the registration of the aircraft becomes void and the registered owner must immediately return the certificate of registration to the Governor.
(2) Any person who is the registered owner of an aircraft registered in the Territory must immediately inform the Governor in writing of—
(a)any change in the information that was supplied to the Governor when the application was made for the registration of the aircraft;
(b)the destruction of the aircraft, or its permanent withdrawal from use; or
(c)the termination of the demise charter in the case of an aircraft registered under article 16(4).
(3) Any person who becomes the owner of an aircraft registered in the Territory must inform the Governor in writing within 28 days of becoming the owner.
(4) The Governor may, whenever it appears necessary or appropriate to do so for giving effect to this Part or to correct or bring the register up to date, amend the register or cancel the registration of an aircraft, and the Governor must cancel that registration within two months upon being satisfied that there has been a change in the ownership of the aircraft.