(1) The owner, or any of the owners, of a vessel may apply to AMSA for a declaration (an opt - in declaration ) that the vessel is a regulated Australian vessel.
(2) AMSA must, by written instrument, make an opt - in declaration for a vessel if AMSA is satisfied:
(a) that the vessel is registered under the Shipping Registration Act 1981 ; and
(b) that the vessel is seaworthy; and
(c) that the vessel is not substandard (if applicable); and
(d) of such other matters (if any) as are prescribed by the regulations.
(3) AMSA must make a decision on an application under subsection (1) within 30 days of the making of the application.
(4) An opt - in declaration is not a legislative instrument.
(5) AMSA must not make an opt - in declaration other than as mentioned in subsection (2).