50.—The Act of 1992 is amended—

(a) in section 6(2)—

(i) paragraph (a), by substituting “€5,000” for “£1,000”, and

(ii) paragraph (b), by substituting “€100,000” for “£10,000”,

(b) in section 8(6)—

(i) paragraph (a), by substituting “€5,000” for “£1,000”,

(ii) paragraph (b), by substituting “€100,000” for “£10,000”, and

(iii) paragraph (c), by substituting “€100,000” for “£100,000”,

(c) in section 9, by inserting after subsection (2) the following:

“(2A) Where the Minister revokes or suspends a certificate in respect of a particular vessel, and is of opinion that it is in the interests of safety that the holder of the certificate should not be the holder of a certificate or licence in relation to other vessels, then the Minister may revoke or suspend any other certificate or licence held by the holder in relation to any other vessel.”,

(d) in section 10(2)—

(i) paragraph (a), by substituting “€1,000” for “£500”, and

(ii) paragraph (b), by substituting “€5,000” for “£1,000”,

(e) in section 11(2)—

(i) paragraph (a), by substituting “€5,000” for “£1,000”, and

(ii) paragraph (b), by substituting “€100,000” for “£10,000”,

(f) in section 12(2)—

(i) paragraph (a), by substituting “€5,000” for “£1,000”, and

(ii) paragraph (b), by substituting “€100,000” for “£100,000”, and

(g) in section 13(3)—

(i) paragraph (a)(i), by substituting “€5,000” for “£1,000”,

(ii) paragraph (a)(ii), by substituting “€100,000” for “£100,000”,

(iii) paragraph (b), by substituting “€2,000” for “£500”, and

(iv) paragraph (c), by substituting “€5,000” for “£1,000”,

(h) in section 14(2)—

(i) paragraph (a), by substituting “€5,000” for “£1,000”, and

(ii) paragraph (b), by substituting “€100,000” for “£5,000”,

(i) in section 14A(3) (inserted by section 4(c) of the Merchant Shipping (Miscellaneous Provisions) Act 1998)—

(i) paragraph (a), by substituting “€5,000” for “£1,500”, and

(ii) paragraph (b), by substituting “€100,000” for “£10,000”,

(j) in section 15(7)—

(i) paragraph (a), by substituting “€5,000” for “£1,000”,

(ii) paragraph (b), by substituting “€100,000” for “£5,000”, and

(iii) paragraph (c), by substituting “€100,000” for “£50,000”,

(k) in section 16, by inserting after subsection (2) the following:

“(2A) Where the Minister revokes or suspends a licence in respect of a particular vessel under subsection (2), and is of opinion that it is in the interests of safety that the holder of the licence should not be the holder of a licence or certificate in relation to other vessels, then the Minister may revoke or suspend any other licence or certificate held by the holder in relation to any other vessel.”,

(l) in section 17(3)—

(i) paragraph (a), by substituting “€500” for “£200”, and

(ii) paragraph (b), by substituting “€2,000” for “£500”,

(m) in section 25(3), by substituting “€5,000” for “£1,000”, and

(n) in section 30, by substituting “€5,000” for “£1,000”.