§802.206. Concession.
31 C.F.R. § 802.206
The term concession means an arrangement, other than a purchase or lease, whereby a U.S. public entity grants a right to use real estate for the purpose of developing or operating infrastructure for a covered port. This term includes the assignment of a concession, in whole or in part, by the party who is not the U.S. public entity.
Notes, amendments, and revision history
Authority
Authority: 50 U.S.C. 4565; E.O. 11858, as amended, 73 FR 4677.
Source
Source: 85 FR 3166, Jan. 17, 2020, unless otherwise noted.