(1) A bareboat charter shall come into effect when a shipowner agrees to provide a charterer with a ship for the purpose of operating such ship under the control and management of a charterer, and the charterer agrees to pay the charterage in response thereto.
(2) Even if a shipowner is liable to supply a shipmaster and other crew, if it is for the purpose of operating a ship by the crew under the control and management of a charterer, it shall be deemed a bareboat charter.[This Article Wholly Amended by Act No. 8581, Aug. 3, 2007]