[192A Compulsory insurance or security]
Merchant Shipping Act 1995 (1995 c 21) | Legislation

[Regulations requiring insurance or security]

[192A  Compulsory insurance or security]

[(1)     Subject to subsections (2) and (3) below, the Secretary of State may make regulations requiring that, in such cases as may be prescribed by the regulations, while a ship is in United Kingdom waters, there must be in force in respect of the ship—

(a)     a contract of insurance insuring such person or persons as may be specified by the regulations against such liabilities as may be so specified and satisfying such other requirements as may be so specified, or

(b)     such other security relating to those liabilities as satisfies requirements specified by or under the regulations.

(2)     Regulations under this section shall not apply in relation to—

(a)     a qualifying

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