Save as otherwise provided, this Part applies to every sea-going
sailing vessel owned by a citizen of India 1[or a company or a co-operative society which satisfies the
requirements specified in clause (b) or, as the case may be, clause (c) of section 21.
1 Subs. by Act 43 of 1981, s. 9, for "or a company which satisfies the requirements specified in clause (b) of section 21" (w.e.f. 28-9-1981).