(1)  This Part applies to –

(a) a shipwreck which is at least 75 years old from the date of the wreck; and

(b) a shipwreck which is a registered shipwreck.

(2)  This Part applies to a shipwreck referred to in subsection (1) which is –

(a) under or above the water; or

(b) both under and above the water; or

(c) above or below high-water mark.