§1061. Cross references

(1) For nonrecognition of gain in connection with the transfer of obsolete vessels to the Maritime Administration under section 510 of the Merchant Marine Act, 1936, see subsection (e) of that section, as amended August 4, 1939 (46 U.S.C. App. 1160).

(2) For recognition of gain or loss in connection with the construction of new vessels, see section 511 of such Act, as amended (46 U.S.C. App. 1161).

(3) For nonrecognition of gain in connection with vessels exchanged with the Maritime Administration under section 8 of the Merchant Ship Sales Act of 1946, see subsection (a) ¹ of that section (50 U.S.C. App. 1741).

(Aug. 16, 1954, ch. 736, 68A Stat. 311 , §1054; renumbered §1055, Sept. 14, 1960, Pub. L. 86–779, §8(b), 74 Stat. 1003 ; renumbered §1056, Apr. 10, 1963, Pub. L. 88–9, §1(b), 77 Stat. 7 ; renumbered §1057, Oct. 4, 1976, Pub. L. 94–455, title II, §212(a)(1), 90 Stat. 1545 ; renumbered §1058, Oct. 4, 1976, Pub. L. 94–455, title X, §1015(c), 90 Stat. 1618 ; renumbered §1059, Aug. 15, 1978, Pub. L. 95–345, §2(d)(1), 92 Stat. 482 ; renumbered §1060, July 18, 1984, Pub. L. 98–369, div. A, title I, §53(a), 98 Stat. 565 ; renumbered §1061 and amended, Oct. 22, 1986, Pub. L. 99–514, title VI, §641(a), title XVIII, §1899A(27), 100 Stat. 2282 , 2960.)

References in Text

Subsection (a) of section 8 of the Merchant Ship Sales Act of 1946, referred to in par. (3), which was classified to section 1741(a) of Title 50, Appendix, War and National Defense, was repealed by Pub. L. 101–225, title III, §307(12), Dec. 12, 1989, 103 Stat. 1925 .

Amendments

1986-Pub. L. 99–514, §641(a), renumbered section 1060 of this title as this section.

Pars. (1), (2). Pub. L. 99–514, §1899A(27), which directed the amendment of pars. (1) and (2) of section 1060 by substituting "46 U.S.C. App." for "46 U.S.C." was executed to section 1061 to reflect the probable intent of Congress in view of the renumbering of section 1060 as 1061 by section 641(a) of Pub. L. 99–514.

¹ See References in Text note below.