§221.1. Purpose.
46 C.F.R. § 221.1
This part implements statutory responsibilities of the Secretary of Transportation (the Secretary) with respect to:
An interest in or control of Documented Vessels owned by Citizens of the United States (including the Transfer of a Controlling Interest in such owners) to Noncitizens or;
A Documented Vessel to registry or Operation under Authority of a Foreign Country or for scrapping in a foreign country; and
Transactions involving maritime interests in time of war or national emergency under 46 U.S.C. 56102.
The responsibilities in paragraph (a) (1) and (2) of this section have been delegated by the Secretary to the Maritime Administrator.
Notes, amendments, and revision history
Amendments
[57 FR 23478, June 3, 1992, as amended at 63 FR 6880, Feb. 11, 1998; 78 FR 35771, June 14, 2013]
Authority
Authority: 46 U.S.C. chs. 301, 313, and 561; Pub. L. 114-74; 49 CFR 1.93.
Source
Source: 57 FR 23478, June 3, 1992, unless otherwise noted.
Amendments
[57 FR 23478, June 3, 1992, as amended at 63 FR 6880, Feb. 11, 1998; 78 FR 35771, June 14, 2013]