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Code · STATUTE-COMPILATIONS · to further the development and maintenance of an adequate and well-balanced American merchant marine, to promote the commerce of the United States, to aid in the national defense, to repeal certain fo · Sec. 512

Sec. 512. LIMITATION ON RESTRICTIONS

259 words·~1 min read·/statute-compilations/comps-1543/sec-512

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## SEC. 512 LIMITATION ON RESTRICTIONS **[**[46 U.S.C. 53101 note](/us/usc/t46/s53101)**]** ###
(a)Except as provided in subsection (b), notwithstanding any other provision of law or contract, all restrictions and requirements under sections 503, 506, and 802 applicable to a liner vessel constructed, reconstructed, or reconditioned with the aid of construction-differential subsidy shall terminate upon the expiration of the 25-year period beginning on the date of the original delivery of the vessel from the shipyard. ###
(b)####
(1)Except as provided in paragraph (2), the restrictions and requirements of section 506 shall terminate upon the expiration of the 20-year period beginning on the date of the original delivery of the vessel from the shipyard for operation of a vessel in any domestic trade in which it has operated at any time since 1996. ####
(2)Paragraph
(1)shall not affect any requirement to make payments under section 506. # TITLE VI VESSEL OPERATING ASSISTANCE PROGRAMS ## subtitle A Operating-Differential Subsidy Program **[**Sections 601–606, 608–611, and 613–616 repealed by section 313(a) of Public Law 114–120.**]** **[**Sections 651–656 repealed by section 3534(a)(1) of Public Law 108–136.**]** # TITLE VII PRIVATE CHARTER OPERATION **[**Sections 701, 702, 703, 704, 705, 706, 707, 708, 709, 710, 711, 712, 713, 714, and 715 repealed by section 19 of Public Law 109–304**]** **[**Section 716 repealed by section 202(8) of Public Law 101–710.**]** # TITLE VIII CONTRACT PROVISIONS **[**Section 801 transferred to title 46, U.S.C. and redesignated as section 57522 by section 313(c)(1) of Public Law 114–120. Section 802 repealed by section 313(a) of such Public Law.**]**
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  • Pub. L. 108-136
  • Pub. L. 109-304
  • Pub. L. 101-710
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Sec. 512
LIMITATION ON RESTRICTIONS
Pub. L.Pub. L. 108-136
Pub. L.Pub. L. 109-304
Pub. L.Pub. L. 101-710
Cites 5Cited by 0 across 0 sources
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