(a) When the evidence of title passage required by this subpart is a bill of sale which meets the criteria for filing and recording set forth in subpart P of this part, and the applicant is unable to produce a bill of sale meeting those criteria, the applicant may request that the Director, National Vessel Documentation Center waive that requirement.
(b) No waiver of the requirement to produce a bill of sale eligible for filing and recording may be granted unless the applicant provides:
(1) A written statement detailing the reasons why an instrument meeting the filing and recording criteria of this part cannot be obtained; and
(2) Competent and persuasive evidence of the passage of title.
[CGD 89–007, CGD 89–007a, 58 FR 60266, Nov. 15, 1993; 58 FR 65131, Dec. 13, 1993, as amended by CGD 95–014, 60 FR 31604, June 15, 1995; USCG–1998–4442, 63 FR 52191, Sept. 30, 1998]
