(b) prior to the execution of the transfer, the transferee, or in the case of a body corporate, the person authorized by this Act to make declarations on behalf of the body corporate, makes and signs a declaration referring to the ship and containing a statement of the qualification of the transferee to own a Saint Lucian ship, or if the transferee is a body corporate, of such circumstances of the constitution and business that proves it to be qualified to own a Saint Lucian ship; and