§390.3. Policy considerations. — Inbound Citations

Citations to 46 U.S.C. § 390.3 as a whole

• 46 C.F.R. § 390.2(a)(2)(iii)

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  (iii) Have a program which furthers the purposes of the Act (see § 390.3 relating to policy considerations) and provides for the acquisition, construction or reconstruction of a qualified vessel, as defined in 46 U.S.C. 53501(5). Such provisions state that the vessel will be operated in the United States foreign, Great Lakes, noncontiguous domestic, or short sea transportation trade as defined in 46 U.S.C. 53501 and 46 U.S.C. 109(b); and

• 46 C.F.R. § 390.9(b)(1)(i)

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  (i) The term acquisition of a qualified agreement vessel shall mean any transaction, including a corporate merger, where the party obtains a proprietary interest in an existing vessel and such a proprietary interest will, in the opinion of the Maritime Administrator, further the purposes and policies of the Act. See § 390.3 (relating to policy considerations).