Registry of Pleasure Yachts BILL OF SALE

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					                                Registry of Pleasure Yachts
                                    Gibraltar Merchant Shipping (Registration) Ordinance 1993
                                  Gibraltar Merchant Shipping (Pleasure Yachts) Regulation 1997
                                                           (Regulation 17)

                                                 BILL OF SALE
Q           Warning : A purchaser of a pleasure yacht does not obtain a complete title until the appropriate Bill(s) of
            Sale has been recorded with the Registry, and a new Certificate issued.
Q           Registered owners or mortgagees must inform the Registry of any change of address.
Q           Where one owner is selling to two or more owners, separate forms are required unless they are buying as joint owners.
Q           Unless application to transfer the registration of the pleasure yacht to the new ownership is received at the Registry within
            30 days of the change, re-registration fees will be payable.
Q           A Declaration of Ownership in respect of each new owner must be submitted with this document when registering the
            transfer of ownership; Bodies Corporate must also provide a copy of the Certificate of Incorporation and Certificate of
            Good Standing; Foreign Maritime Entities must provide a copy of the Certificate of Registration as a Foriegn Maritime
            Entity.
Q           Please write in black ink using BLOCK CAPITALS, and tick boxes where appropriate.
SECTION 1: DETAILS OF THE PLEASURE YACHT REGISTERED OR TO BE
           REGISTERED AS A PLEASURE YACHT

NAME OF PLEASURE YACHT
OFFICIAL NUMBER (if any)

SECTION 2: DETAILS OF THE SALE
    Body Corporate give:             Company name                Registered office         Place of registration Description
    Individuals give:                Full name(s)                Address(es)               Nationality           Occupation(s)



    *I/we the transferor(s)

            as joint Owners

    (Please tick box if you
     are joint owners)




i   n consideration of (*the Sum of)
*paid/given to * me/us on (date)                                     at (place)                                                by:
    Body Corporate give:             Company name                Registered office         Place of registration Description
    Individuals give:                Full name(s)                Address(es)               Nationality           Occupation(s)


     *I/we the transferee(s)

            as joint Owners

    (Please tick box if you
     are joint owners)




                                                                                                            *Delete as necessary
GYR/03
SECTION 2: DETAILS OF THE SALE (Continued)
the receipt of which is acknowledged, transfer                                            shares in the above pleasure yacht
and in its appurtenances to the transferee(s).                   (figures and words)

Further, *I/we the said transferor(s) for *myself/ourselves, hereby declare that *I/we have the power to transfer in the manner
aforesaid the above-mentioned shares, and that they are free from encumbrances
If any recorded mortgage(s) is/are outstanding, please tick the following box:
            "save as appears by the registry of the above pleasure yacht"

SECTION 3: FOR COMPLETION WHEN TRANSFEROR IS A BODY
CORPORATE OR A FOREIGN MARITIME ENTITY
 Executed by the transferor as a deed on this                                                COMPANY SEAL

          day of                           19         by:-

 (a)       the affixing of the common seal of the transferor
          in the presence of the following persons signing; or
 (b)      signing by the following persons;

 Director______________________________________


 Director/Secretary______________________________


 Authorised Signatory ____________________________               Authorised Signatory ____________________________


SECTION 4: FOR COMPLETION WHEN TRANSFEROR IS/ARE
INDIVIDUAL(S)
 Signed,sealed and delivered

                                                                                            SEAL


 ________ day of ___________________ 19 ______
 by the following person(s) signing as transferor(s)

 Signature(s) of transferor(s)

 Full name of witness(es)

 Signature of witness(es)

 Occupation of witness(es)

 Address of witness(es)



 When completed you should send this form, together with the appropriate fee and supporting documents to:
 Registry of Pleasure Yachts                                          Telephone :       (350) 78 343
 Registry House, 317 Main Street,                                     Fax :             (350) 77 044
 P.O. Box 71, Gibraltar