ABSTRACT
In the case of near coastal trade ships (ships that trade within 500 miles of Barbados) or Caribbean trade ships of 150 gross tons or over, the provisions of (c) above are relaxed and registration will be permitted regardless of whether less than 44 of the 64 shares are in Barbadian ownership, provided the ship is owned by a Caricom person and will operate generally as a near coastal vessel or Caribbean trade ship (s.10).
