Commercial fisheries licensing rules and policies reference document Pacific region
Change of vessel ownership
The Notice of Change of Ownership (NCO form may be used to advise of the changes to a vessel registered with Fisheries and Oceans Canada as a registered Canadian commercial fishing vessel.
Ownership changes must be reported to the Department of Transport (DOT) prior to informing the Pacific Fishery Licence Unit.
In accordance with section 18 of the Fishery (General) Regulations, where there is a transfer of ownership of a registered vessel or a loss, destruction, dismantling or other removal of a registered vessel from use as a fishing vessel, the person in whose name the vessel is registered shall:
- notify the Minister in writing of the event within fifteen days after the occurrence of the event,
- report the name and address of the new owner(s)
In accordance with section 20 of the Fishery (General) Regulations, where it is not intended that the vessel will be used in any activity that requires the vessel to be registered, remove the Vessel Registration Number (VRN) that is painted on or affixed to the vessel.
The following documents must be submitted with the Notice of Change of Ownership form:
- A copy of the registered bill of sale
- A copy of the Declaration of Transmission (estates)
- Amended Certificate of Registry (blue book)
- Copy of Certified true transcript
A copy of the Notice of Change of Ownership form may be obtained by contacting the Pacific Fishery Licence Unit.
Once the Notice of Change of Ownership is processed, a letter confirming the ownership change will be sent to both the new vessel owner(s) and the previous vessel owner(s).
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