Section 46: Pleasure craft subject to lease

46. Pleasure craft subject to lease (1) Where an application for registration of a leased pleasure craft is made, the Authority shall, in addition to compliance with the provisions of [Issue 2] T11 – 24 Revised Laws of Mauritius section 42, enter in the registration book and the register, the name of the lessor and the lessee and the existence of the agreement. (2) Any entry made under subsection (1) may, on notification made to the Authority, be cancelled by it on proof of the termination of the agreement by the parties concerned. (3) Where the lessor satisfies the Authority that— (a) he has taken possession of the pleasure craft owing to the default of the lessee under the provisions of such lease agreement; and (b) that the lessee refuses to deliver the registration book or has absconded, the Authority shall, by notice in writing by registered post sent to his last known place of residence or business, or any address he may have provided, require the lessee to show cause, within such delay as may be specified by the Authority, why the registration should not be cancelled. (4) Where the lessee fails to show cause within the delay specified by the Authority under subsection (3), the Authority may, notwithstanding that the registration book is not produced before it— (a) cancel the registration; and (b) issue a duplicate registration book in the name of the lessor, upon payment of the prescribed fee. (5) Where a leased pleasure craft has been registered, the lessee shall, for the purpose of this Act, be deemed to be the owner of the leased pleasure craft and shall incur the liabilities and obligations imposed under this Act or under any other enactment, as if he were the owner of the pleasure craft.