46 C.F.R. § 272.1

Current through May 31, 2024
Section 272.1 - Purpose

The purpose of this part is to prescribe the requirements and procedures for determining the condition of vessels receiving operating-differential subsidy, to prescribe the requirements for reporting and substantiating maintenance and repair (M & R) expenses, and to establish the criteria and procedures for determining whether a M & R expense is subsidizable.

46 C.F.R. §272.1