§67.47. Requirement for Maritime Administration approval.
46 C.F.R. § 67.47
The following transactions, among others, require approval of the Maritime Administration in accordance with 46 CFR part 221:
Placement of the vessel under foreign registry;
Operation of the vessel under the authority of a foreign country; and
Sale or transfer of an interest in or control of the vessel from a citizen of the United States to a person not a citizen of the United States, as defined in 46 U.S.C. 50501.
A Certificate of Documentation may not be issued for a vessel which subsequent to the last issuance of a Certificate of Documentation has undergone any transaction listed in paragraph (a) of this section, even if the owner meets the citizenship requirements of this subpart, unless evidence is provided that the Maritime Administration approved the transaction.
The restriction imposed by paragraph (b) of this section does not apply to a vessel identified in § 67.11(b).
Notes, amendments, and revision history
Amendments
[CGD 89-007, CGD 89-007A, 58 FR 60266, Nov. 15, 1993, as amended by USCG-2016-0531, 82 FR 43864, Sept. 20, 2017]
Authority
Authority: 14 U.S.C. 664; 31 U.S.C. 9701; 42 U.S.C. 9118; 46 U.S.C. 2103, 2104, 2107, 12102, 12103, 12104, 12105, 12106, 12113, 12133, 12139; DHS Delegation 00170.1, Revision No. 01.4.
Source
Source: CGD 89-007, CGD 89-007a, 58 FR 60266, Nov. 15, 1993, unless otherwise noted.
Amendments
[CGD 89-007, CGD 89-007A, 58 FR 60266, Nov. 15, 1993, as amended by USCG-2016-0531, 82 FR 43864, Sept. 20, 2017]