The conditions for granting waivers are expressly spelt out to prevent the use of waivers to subvert the noble objectives of the Act. For waivers to be granted and depending on the application:
• Where the above is not available then 100% foreign owned vessel shall be licensed to supply the service. Another interesting aspect is that the operation of Cabotage will be at little or no cost to the Federal Government as the Act contains provisions for the beneficiaries to contribute to the successful operation of the Cabotage regime.
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