14 (1) Subject to subsection (2), where the inspection of a ship that is subject to the Coasting Trade Act is requested for the issuance of a letter of compliance, the fee payable is
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(2) Where a ship is authorized to operate in the coasting trade and is in full compliance with the requirements of the International Maritime Organization (IMO) Conventions to which Canada is a signatory and its period of operation is seven days or less, the fee prescribed in paragraph (1)(a) or (b) is reduced by 90 per cent.
