Thank you, Madam Chair.
Truthfully, most of my questions are because I'm a terrestrial MP. I know nothing about marine life and nothing about boats. Listening to this exchange and this discussion, the comparisons to automobile sales, for example, are extraordinary in how differently these transactions are treated. They're just night and day. They're completely different.
What strikes me the most about this is.... I understand the intent. If, in general, the intent of the private member's bill is to reduce the number of derelict vessels, reduce the consequences of bad things happening, reduce the number of wrecks and reduce the number of disingenuous transactions, I'm really not sure that this does that because it's just inviting pencil-whipped transactions.
From what this looks like, if a seller can say, hand on heart, they trusted that the buyer had the resources, that's good enough, even if that transaction and that attestation by the buyer are written in pencil on a napkin. If he believes it, that's good enough. The truth or the veracity of it doesn't matter, and there's no verification and no standard. There's nothing at all embodied by this legislation to protect either party—the seller or the buyer.
Does that strike you as being possible in this?