§864a. Purchase allowance in sale of vessels for cost of putting vessels in class

On and after June 30, 1948, the Secretary of Transportation may make allowances to purchasers of vessels for cost of putting such vessels in class, such allowances to be determined on the basis of competitive bids, without regard to the provisions of the last paragraph of section 1736(d) ¹ of the Appendix to title 50.

(June 30, 1948, ch. 775, §101, 62 Stat. 1199 ; Pub. L. 97–31, §12(35), Aug. 6, 1981, 95 Stat. 156 .)

References in Text

Section 1736(d) of the Appendix to title 50, referred to in text, was repealed by Pub. L. 101–225, title III, §307(12), Dec. 12, 1989, 103 Stat. 1925 .

Codification

Section was enacted as part of The Supplemental Independent Offices Appropriation Act, 1949, act June 30, 1948, and not as part of the Merchant Marine Act, 1920, which comprises this chapter.

Amendments

1981-Pub. L. 97–31 substituted "Secretary of Transportation" for "Commission", meaning the United States Maritime Commission.

¹ See References in Text note below.