(1) A regulated Australian ship is ISSC verified if:
(a) a maritime security inspector has inspected the ship; and
(b) the maritime security inspector has verified that the ship meets the requirements determined in writing by the Secretary; and
(c) the period, determined in writing by the Secretary, within which the ship must be next inspected has not ended.
Note: Sections 138 and 139 set out the inspection powers of maritime security inspectors in relation to regulated Australian ships.
(2) In making a determination under subsection (1), the Secretary must have regard to the obligations set out in the ISPS Code.
(3) If:
(a) there is an ISSC in force for a regulated Australian ship; and
(b) a maritime security inspector inspects the ship; and
(c) the inspector finds that the ship does not meet the requirements determined under paragraph (1)(b); and
(d) the ship does not meet those requirements within any period allowed in writing by the inspector;
the ship is no longer ISSC verified .