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P. VI., Сн. XVII. PURCHASE OF VESSELS ABROAD.
269
the corresponding articles of the Tariff. The precise determination
of those articles which are dutiable, together with the vessel, is left to
the discretion of the Minister of Finance, in concurrence with the
Ministry of Marine, and so far as concerns river and lake-craft, with
the concurrence of the Minister of Ways of Communication.
Special facilities are given to Russian subjects buying ships in
Russia. On the strength of rules1 issued on the 31st July 1902,
Russian subjects are entitled to receive from the Ministry of Trade and
Industry and the State Bank, loans for acquiring new merchant vessels
of Russian material at ship-yards in Russia. Such loans are given
at з-8 per cent, to an amount up to two-thirds of the value of the vessel,
for a period which must not exceed 20 years.
An exception from this general rule has been temporarily established
with regard to ships in the Far East, when loans as above are given
for the purchase of vessels which have already been in use and may
have been built in foreign shipyards. From the 1st January 1913,
the Prisutsoije po targooim djelam at the port of Vladivostock is
entitled to give to Russian subjects, ships’ loans not exceeding 2,000
roubles, in each separate case. This is in order to ensure the speedy
progress of the Russian coasting fleet. The money is to buy wooden
sailing ships for the purpose of navigating between the ports of the
Russian Amur provinces. No distinction is made as to where the ship
has been built, whether in Russia or in foreign countries, provided only
that the ship has been made seaworthy five years previous to the loan
being offered for her purchase. Likewise in order to foster the
coasting trade in Russian territorial waters of the Far East, the Council of
the Russian State Bank makes an exception to the afore-mentioned
rules of 31st July 1902, and grants loans through the medium of the
section of that bank at Vladivostock to Russian subjects for the
purchase of sea-going steamers of foreign origin which have already
been in use. Such loans are given on acquiring a mortgage on the
vessel, and on receiving an original draft from the mortgager for a
period provided for by Art. 92 of the Regulations of the State Bank,
and in accordance with the technical requirements provided for in
the above-mentioned rules of 31st July 1902.
If, for covetous or other personal motives, a Russian subject allows,
in his name, the fictitious purchase of a ship by a foreigner, although
the said subject has no actual share in that purchase, he is liable to
imprisonment for a term of from two to sixteen months. If the
foreigner, who has concluded such a transaction, arrives in Russia, he
is also subject to arrest. If the captain of a Russian ship sells or
appropriates his ship without authorisation to do so, he is punished.
Besides paying for all damages, he loses all civil rights, and is sent to
prison for a period of five years up to six years.2
1 Trade Reg., Art. 149. Svod Zakonov, Vol. XI., Part II. and
continuations, Ed. 1906, Page 35.
2 Code of Penal Laws, Art. 1223, Ed. 18S5. Continuation, 1912.
§315.
Loans on
Ships.
Punishment
for fictitious
purchases.
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