46 USC App 1174: Additional subsidy; when authorized
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46 USC App 1174: Additional subsidy; when authorized Text contains those laws in effect on January 23, 2000
From Title 46-AppendixCHAPTER 27-MERCHANT MARINE ACT, 1936SUBCHAPTER VI-VESSEL OPERATING ASSISTANCE PROGRAMSPart A-Operating-Differential Subsidy Program
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§1174. Additional subsidy; when authorized

If in the case of any particular foreign-trade route the Secretary of Transportation shall find after consultation with the Secretary of State, that the subsidy provided for in this subchapter is in any respect inadequate to offset the effect of governmental aid paid to foreign competitors, he may grant such additional subsidy as he determines to be necessary for that purpose.

(June 29, 1936, ch. 858, title VI, §604, 49 Stat. 2003 ; June 23, 1938, ch. 600, §21, 52 Stat. 959 ; Aug. 4, 1939, ch. 417, §9, 53 Stat. 1185 ; Pub. L. 97–31, §12(95), Aug. 6, 1981, 95 Stat. 162 .)

Amendments

1981-Pub. L. 97–31 substituted "Secretary of Transportation" for "Commission" and "he" for "it", and struck out provision relating to subsidy voting requirements. For prior transfers of functions of the Commission, meaning the United States Maritime Commission, see Transfer of Functions note set out below.

1939-Act Aug. 4, 1939, reduced requirement in proviso from unanimous vote to vote of four commissioners.

1938-Act June 23, 1938, authorized additional subsidies only where the Commission (which had reference to United States Maritime Commission) by unanimous vote finds after consultation with the Secretary of State that the subsidy is inadequate.

Transfer of Functions

For transfer of functions of United States Maritime Commission, see Reorg. Plan No. 6 of 1949, Reorg. Plan No. 21 of 1950, and Reorg. Plan No. 7 of 1961, set out under section 1111 of this Appendix.