S.L. 499.52 ст. 5Registration of a mechanically driven small ship.

(1) No mechanically driven small ship shall be eligible to be registered unless it is in compliance with regulation 4 and there is in force in relation to such mechanically driven small ship a policy of insurance for an amount to be approved by the Authority which indemnifies such person, persons or classes of persons as may be authorised and covered by the policy against any liability which may be incurred by him or them in respect of death, injury or damage to third party property caused by, or arising out of, the use of the mechanically driven small ship.

(2) For the purpose of this regulation, "mechanically driven small ship" means any mechanically driven small ship having an engine or engines with a combined power of 10 H.P. or more.