(1) Where, by reason of transfer of ownership or change of employment of a ship, the official log book ceases to be required in respect of the ship, the master or owner of the ship shall, if the ship is then in a port in Saint Lucia, within one month, or if the ship is elsewhere, within 6 months after such cessation, deliver or transmit to the Director the official log book and the agreement with the crew, duly made out to the time of the cessation.