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Supersonic27 said..
That's a good question, in my experience what happens is:
In an anchorage with a high demand for moorings, once a boat gets that bad, people stop paying! They stop the mooring fee, registration, and insurance, and sort of become uncontactable. So RMS try to contact them, eventually with no luck, they the seize the vessel, (after 6 r 8 letters). They remove the boat from its mooring to the local storage facility.
The mooring can then be re-issued to next person on waiting list.
The seized vessel then waits to be claimed, and if not gets sold or auctioned. Usually gets cut up for scrap/landfill......unless some dreamer thinks they can refurbish!
Most jus get cut up and karted to landfill.
In an anchorage with low demand and no waiting list, a lot of boats just sink quietly on their moorings. You say RMS would ot let this happen, but it does happen quite a lot.
I worked at Berowra waters for a few years, and it was common down there.
I raced out of Mosman bay, and even as a very high demand area, there were rumors and talk around the waterfront about boats and moorings that just disappeared during a bad southerly. Sometimes divers, cleaning hulls, would report boats on the bottom!
Not sure what you would do voluntarily if you had an old boat you wanted to get rid of....
In USA there seem to sell them on e bay , the money generated goes to charity once the costs are taken out