An obsolete vessel acquired under this chapter that is or becomes at least 25 years old may not be used for commercial operation. However, the vessel may be used-
(1) during a period in which vessels may be requisitioned under chapter 563 of this title; or
(2) except as otherwise provided in this subtitle, on trade routes serving only the foreign trade of the United States.
(
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
57308 | 46 App.:1160(g). | June 29, 1936, ch. 858, title V, §510(g), as added Aug. 4, 1939, ch. 417, §7, |
The words "and vessels presently in the Secretary's laid-up fleet which are or become twenty-five years old or more" and "or any such vessel in the laid-up fleet" are omitted as obsolete. In paragraph (2), the words "for the employment of the Secretary's vessels in steamship lines" are omitted as unnecessary.