The Commercial Yacht Code was developed in line with international regulations and other industry standards and caters for yachts of 15 metres or more but up to 3000 gross tonnes. Over the years the Code has been proving very successful with leading IACS recognised Classification Societies and major yacht builders. The Code was developed in such a way to facilitate it’s use by surveyors as well as non-technical personnel involved in the day to day management of yachts and superyachts.
An initial survey is required to draw up records of compliance with the code. areas Alternative arrangements are discussed between the surveyor and the Administration through a transparent and recorded procedure. Upon compiling with the code, the Administration issues a Certificate of Compliance to Trade as a Commercial Yacht enabling operational registration. Compliance surveys may be carried out by one of the appointed ship surveyors or by a recognised organisation.
Thereafter, an annual survey is to be carried out. On yachts below 24 metres in length the annual survey may be carried out by the Master/Engineer, appointed ship surveyor or recognised organisation while, on yachts of more than 24 metres in length the annual survey are to be carried out by an appointed ship surveyor or recognised organisation.
A renewal survey is to be carried out every 5 years (every 4 years for yachts below 24 metres). During a renewal survey a survey similar to the one carried out during initial survey must be carried out.
The Commercial Yacht Code may be downloaded from here.
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