Where a ship registered in Hong Kong is marked in accordance with any requirements as to marking imposed by or under this Part, then if-
(a) the owner or master of the ship fails without reasonable cause to keep the ship so marked; or
(b) any person conceals, removes, alters, defaces or obliterates, or causes or permits any person under his control to conceal, remove, alter, deface or obliterate, any mark with which the ship is so marked, except where he does so under the authority of a person empowered under the load line regulations to authorize him in that behalf,
he commits an offence and is liable to a fine of $10000.