2017 US Code
Title 46 - Shipping
Subtitle V - Merchant Marine
Part F - Government-Owned Merchant Vessels
Chapter 573 - Vessel Trade-in Program
Sec. 57301 - Definitions
| 46 U.S.C. § 57301 (2017) | ||||||
| §57301. Definitions | ||||||
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In this chapter: (1) New vessel.—The term "new vessel" means a vessel— (A) constructed under this subtitle and acquired within 2 years after the date of completion; or (B) constructed in a domestic shipyard on private account and not under this subtitle, and documented under the laws of the United States. (2) Obsolete vessel.—The term "obsolete vessel" means a vessel that— (A) is of at least 1,350 gross tons; (B) the Secretary of Transportation believes should, because of its age, obsolescence, or other reasons, be replaced in the public interest; and (C) has been owned by a citizen of the United States for at least 3 years immediately before its acquisition under this chapter. |
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(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1662.) |
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In paragraph (1)(A), the words "or is purchased under section 1204 of this Appendix, as amended, by the person turning in an obsolete vessel under this section" are omitted because the purchase authority under 46 App. U.S.C. 1204 was impliedly repealed by section 14 of the Merchant Ship Sales Act of 1946 (50 App. U.S.C. 1735 note). |
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| United States Code, 2012 Edition, Supplement 5, Title 46 - SHIPPING | ||||||
| Bills and Statutes | ||||||
| United States Code | ||||||
| Y 1.2/5: | ||||||
| Title 46 - SHIPPING Subtitle V - Merchant Marine Part F - Government-Owned Merchant Vessels CHAPTER 573 - VESSEL TRADE-IN PROGRAM Sec. 57301 - Definitions |
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| section 57301 | ||||||
| 2017 | ||||||
| January 12, 2018 | ||||||
| Yes | ||||||
| standard | ||||||
| 53 Stat. 1183 66 Stat. 762 72 Stat. 17 76 Stat. 751 84 Stat. 1022 95 Stat. 161 120 Stat. 1662 |
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| Public Law 85-332, Public Law 87-755, Public Law 91-469, Public Law 97-31, Public Law 109-304 |
