US LAWS, STATUTES & CODES ON-LINE

46 C.F.R. § 251.31   Charges for processing applications for authorization to transfer ownership of ships built with construction-differential subsidy.

Title 46: Shipping
PART 251—APPLICATION FOR SUBSIDIES AND OTHER DIRECT FINANCIAL AID

Browse Previous

§ 251.31   Charges for processing applications for authorization to transfer ownership of ships built with construction-differential subsidy.

(a) Applications for an amendment or addendum to construction-differential subsidy contracts to provide for the sale of a vessel built under Title V, Merchant Marine Act, 1936, as amended, to a buyer who assumes the obligations under said contracts, shall be filed with the Secretary, Maritime Subsidy Board, Washington, DC 20590.

(b) Fee. Each such application shall be accompanied by the sum of $200, which sum will be retained to recover the cost of processing the application.

(Sec. 4; 5 U.S.C. 553)

[G.O. 106, 31 FR 3397, Mar. 4, 1966]