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76 STAT. 415. 76 STAT. 416.

49 Stat. 888.

49 Stat. 1543.

Regulations.

49 Stat. 889.

Liability for surveys.

Penalties.

(E) by striking out the figure "$1,000“ in subsection (e) and inserting the figure "$2,000" in place thereof.

SEC. 2. The Act entitled "An Act to provide for the establishment of load lines for American vessels in the coast wise trade, and for other purposes", approved August 27, 1935, as amended (46 U.S.C. 88-881), is amended as follows:

(1) Section 2 (46 U.S.C. 88a) is amended to read as follows:

"SEC. 2. The Secretary of the department in which the Coast Guard is operating is hereby authorized and directed in respect of the vessels defined above to establish by regulations from time to time the load water lines and marks thereof indicating the maximum depth to which such vessels may safely be loaded. Such regulations shall have the force of law. In establishing such load lines due consideration shall be given to, and differentials made for, the various types and character of vessels and the trades in which they are engaged. In establishing load water lines on passenger vessels due consideration shall be given to, and differentials shall be made for, the age and condition of the vessel, its subdivision and efficacy thereof, and the probable stability of the vessel if damaged: Provided, That the load-line provisions of this Act shall apply to the Great Lakes: Provided further. That no load line shall be established or marked on any vessel, which load line in the judgment of the Secretary is above the actual line of safety." (2) Section 7 (46 U.S.C. 88f) is amended

(A) by adding the words "or Coast Guard district commander" following the words "collector of customs" in the first sentence; (B) by adding the words "or Coast Guard district commander" following the word "collector" wherever it appears after the first sentence; and

(C) by adding the following sentence at the end thereof: "The owner and agent of a vessel surveyed and found in violation of this Act or regulations established thereunder shall bear the costs of the survey in addition to any penalty or fine imposed.” (3) Section 8 (46 U.S.C. 88g) is amended

(A) by amending subsection (a) to read as follows:

"(a) The owner and/or master of any vessel subject to this Act and the regulations established thereunder shall be liable to the United States in a penalty not to exceed $1,000 whenever the vessel is found operating, navigating, or otherwise in use upon the navigable waters of the United States, in violation of the provisions of this Act or the regulations established thereunder, or whenever the vessel, if a vessel of the United States, is found operating, navigating, or otherwise in use upon the high seas in violation of the provisions of this Act or the regulations established thereunder. Each day a vessel is in violation of the provisions of this Act shall constitute a separate offense. The Secretary of the Department in which the Coast Guard is operating may assess, collect, remit, and mitigate any penalty imposed under

76 STAT. 416.

(B) by amending subsection (b)

(1) by striking out the figure "$100” and inserting the figure "$500" in place thereof; and

(2) by striking out the last sentence thereof; (C) by amending subsection (c)—

(1) by striking out the figure "$500" and inserting the following words and figures in place thereof, "$1,000 plus a sum computed at the rate of $500 per inch of draft in excess of the vessel's applicable load line^; and

(2) by striking out the last sentence thereof;

(D) by striking out the figure "$500" in subsection (d) and inserting the figure "$1,000" in place thereof;

(E) by striking out the figure "$1,000" in subsection (e) and inserting the figure "$2,000" in place thereof.

Approved August 31, 1962.

87th Congress, H. R. 11728
October 3, 1962

An Act

76 STAT. 740.

To amend section 1208(a) of the Merchant Marine Act, 1936, to authorize investment of the war risk insurance fund in securities of, or guaranteed by, the United States.

64 Stat. 775.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 1208(a) War risk in of the Merchant Marine Act, 1936 (46 U.S.C. 1288(a)), is amended surance fund. by inserting at the end thereof the following: "Upon the request of the Investment, Secretary of Commerce, the Secretary of the Treasury may invest or reinvest all or any part of the fund in securities of the United States or in securities guaranteed as to principal and interest by the United States. The interest and benefits accruing from such securities shall be deposited to the credit of the fund."

Approved October 3, 1962.

(926)

87th Congress, H. R. 10022
October 5, 1962

An Act

To amend section 510(a)(1), Merchant Marine Act, 1986.

76 STAT. 751.

Be it enacted by the Senate and House of Representatives of the

United States of America in Congress assembled, That the proviso in Merchant Marine section 510(a) (1), of the Merchant Marine Act, 1936, is amended to Act, 1936, amendread as follows: "Provided, That until June 30, 1964, the term 'obsolete ment. vessel' shall mean a vessel or vessels, each of which (A) is of not less 72 Stat. 17. than one thousand three hundred and fifty gross tons, (B) is not less 46 USC 1160. than twelve years old, and (C) is owned by a citizen or citizens of the United States and has been owned by such citizen or citizens for at least three years immediately prior to the date of acquisition hereunder."

Approved October 5, 1962.

(927)

"Obsolete vessel."

87th Congress, S. 3431
October 9, 1962

An Act

76 STAT. 763.

To consent to the amendment of the Pacific Marine Fisheries Compact and to the participation of certain additional States in such compact in accordance with the terms of such amendment.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the consent of Pacific Marine Congress is hereby given to (1) the amendment of the Pacific Marine Fisheries Com Fisheries Compact, initially approved by the Act of July 24, 1947 (61 past, amendment, Stat. 419), between the States of California, Oregon, and Washington, by the addition of a new article XII to such compact as set forth in section 2 of this Act, and (2) to the participation in such compact, in accordance with the terms of such article, of the States of Alaska and Hawaii and any other State having rivers or streams tributary to the Pacific Ocean.

SEC. 2. Article XII of the Pacific Marine Fisheries Compact, as agreed to by the States of California, Oregon, and Washington, reads as follows:

"ARTICLE XII

"The States of Alaska or Hawaii, or any state having rivers or Additional streams tributary to the Pacific Ocean may become a contracting state States. by enactment of the Pacific Marine Fisheries Compact. Upon admis- Participation. sion of any new state to the compact, the purposes of the compact and the duties of the commission shall extend to the development of joint programs for the conservation, protection and prevention of physical waste of fisheries in which the contracting states are mutually concerned and to all waters of the newly admitted state necessary to develop such programs.

"This article shall become effective upon its enactment by the States of California, Oregon, and Washington and upon ratification by Congress by virtue of the authority vested in it under Article 1, section 10, of the Constitution of the United States."

SEC. 3. The right to alter, amend, or repeal this Act is expressly Reservation. reserved.

Approved October 9, 1962.

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