Merchant Shipping Act : Restriction on transfer of Indian fishing boats. Indian Bare Acts :

Merchant Shipping Act,1958

Act No : 44

Section : Restriction on transfer of Indian fishing boats.

435Q. Restriction on transfer of Indian fishing boats. No person shall transfer or acquire any Indian fishing boat registered under this Part or any interest therein without the previous approval of the Central Government; and any transaction effected in contravention of this section shall be void and unenforceable.