46 USC App 1241c: Expenses for activation, repair and deactivation of merchant ships; receipts
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46 USC App 1241c: Expenses for activation, repair and deactivation of merchant ships; receipts Text contains those laws in effect on January 23, 2000
From Title 46-AppendixCHAPTER 27-MERCHANT MARINE ACT, 1936SUBCHAPTER IX-MISCELLANEOUS PROVISIONS
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§1241c. Expenses for activation, repair and deactivation of merchant ships; receipts

The vessel operations revolving fund created by section 1241a of this Appendix, shall, beginning July 1, 1956, be available for expenses incurred in connection with the activation, repair, and deactivation of merchant ships chartered under the jurisdiction of the Secretary of Transportation. There shall be credited to such fund all receipts on account of operations after July 1, 1956, under charters of Government-owned ships under the jurisdiction of the Secretary of Transportation.

(Aug. 1, 1956, ch. 846, 70 Stat. 897 ; Pub. L. 97–31, §12(130), Aug. 6, 1981, 95 Stat. 165 .)

Codification

Section was not enacted as part of the Merchant Act, 1936, which comprises this chapter.

Amendments

1981-Pub. L. 97–31 substituted "Secretary of Transportation" for "Secretary of Commerce" in two places.