Once the bidding or auction is completed, the certificate of the right to the use of sea areas shall be issued to the winning bidder or the vendee.

招标或者拍卖工作完成后，依法向中标人或者买受人颁发海域使用权证书。

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The ship auction committee shall organize and supervise the delivery of the ship, and sign a letter of confirmation of ship's delivery with the vendee after the delivery of the ship.

拍卖船舶委员会组织和监督船舶的移交，并在船舶移交后与买受人签署船舶移交完毕确认书。

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Article 40 Where a vendee fails to obtain the object of auction as agreed, he shall have the right to request the auctioneer or client to bear liabilities for default.

第四十条买受人未能按照约定取得拍卖标的的，有权要求拍卖人或者委托人承担违约责任。

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