4.5 Vessels, platforms and constructions registered in NIS
The rules in NIS-Act Section 16 are similar to those in MC Section 40c. Permission to flagging-out for up to 10 years, with extension possibilities, can be given by the registrar when the owner presents a similar set of documents, and the effects are the same.
Section 17, on cessation of permission to flag-out, has rules similar to those in MC Section 40c.