Vessels under construction, those transferring from other flags or newbuildings.
Laid up vessels
Any yacht or other sea vessel used only for pleasure. Can be 50 net tons or more in weight.
Any bareboat charter vessels.
Important Note: Although the Act states a vessel be less than 20 years old and owned either by citizens or by companies who have their office of registration in Vanuatu, most of the time these requirements are waived upon submission of the application. The Deputy Commissioner has the authority to waive some conditions. Applicants submit a petition and approval will be granted on a case-by-case basis.