46 U.S.C. § 57516 — Operating-differential subsidies

FEDERAL · 46 U.S.C. · Chapter 575

Operating-differential subsidies

Current through Pub. L. 119-102

Title 46 — Shipping·Ch. 575 — CONSTRUCTION, CHARTER, AND SALE OF VESSELS·Subch. II

If the Secretary of Transportation considers it necessary, the Secretary may make a contract with a charterer of a vessel owned by the Secretary for payment of an operating-differential subsidy, on the same terms and conditions, and subject to the same limitations and restrictions, as otherwise provided with respect to payment of operating-differential subsidies to operators of privately-owned vessels.

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If the Secretary of Transportation considers it necessary, the Secretary may make a contract with a charterer of a vessel owned by the Secretary for payment of an operating-differential subsidy, on the same terms and conditions, and subject to the same limitations and restrictions, as otherwise provided with respect to payment of operating-differential subsidies to operators of privately-owned vessels.

46 U.S.C. § 57516 (Operating-differential subsidies) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1667.)