3.6 Registration of bare boat charter parties in NIS
Bare boat charter parties can be registered in the NIS, see the NIS Act (Act 48/1987) Section 14 – with rules similar to those applicable for the ordinary register (NOR), as described above. There is, however, one important exception regarding nationality, see Section 1, that is referred to in Section 14. If the bare boat charterer does not comply with the requirements of MC Section 1, registration is still possible if the charterer is:
a limited company with its head office in Norway, or
a partnership with a managing owner complying with the rules in MC Chap. 5, or
when the owner does not satisfy the above requirements but has a representative, as described in MC Section 103, with authority to receive legal process service on behalf of the owner.