Section 101918 - Transfer or conveyance of concession contracts or leasehold surrender interests(a) APPROVAL OF SECRETARY.-No concession contract or leasehold surrender interest may be transferred, assigned, sold, or otherwise conveyed or pledged by a concessioner without prior written notification to, and approval by, the Secretary.(b) CONDITIONS.-The Secretary shall approve a transfer or conveyance described in subsection (a) unless the Secretary finds that-(1) the individual, corporation, or other entity seeking to acquire a concession contract is not qualified or able to satisfy the terms and conditions of the concession contract;(2) the transfer or conveyance would have an adverse impact on-(A) the protection, conservation, or preservation of the resources of the System unit; or(B) the provision of necessary and appropriate facilities and services to visitors at reasonable rates and charges; and(3) the terms of the transfer or conveyance are likely, directly or indirectly, to- (A) reduce the concessioner's opportunity for a reasonable profit over the remaining term of the concession contract;(B) adversely affect the quality of facilities and services provided by the concessioner; or(C) result in a need for increased rates and charges to the public to maintain the quality of the facilities and services.(c) MODIFICATION OR RENEGOTIATION OF TERMS.-The terms and conditions of any concession contract under this section shall not be subject to modification or open to renegotiation by the Secretary because of a transfer or conveyance described in subsection (a) unless the transfer or conveyance would have an adverse impact as described in subsection (b)(2). Pub. L. 113-287, §3, Dec. 19, 2014, 128 Stat. 3147.| HISTORICAL AND REVISION NOTES |
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
| 101918 | 16 U.S.C. 5957. | Pub. L. 105-391, title IV, §408, Nov. 13, 1998, 112 Stat. 3512. |
In subsection (b)(1), the word "other" is added for consistency in the subchapter. See section 101926 of the revised title.