Page:United States Statutes at Large Volume 107 Part 2.djvu/758

 107 STAT. 1708 PUBLIC LAW 103-160—NOV. 30, 1993 (9) Chapter 635 (relating to naval aircraft). (10) Section 7366 (relating to limitation on appropriations for naval salvage facilities). (b) REVISION AND STREAMLINING OF CERTAIN PROVISIONS RELATING TO NAVAL VESSELS.— Chapter 633 of such title is amended by striking out sections 7304, 7305, 7306, 7307, 7308, and 7309 and inserting in lieu thereof the following: ''§7304. Examination of vessels; striking of vessels from Naval Vessel Register "(a) BOARDS OF OFFICERS TO EXAMINE NAVAL VESSELS.—The Secretary of the Navy shall designate boards of naval officers to examine naval vessels, including unfinished vessels, for the purpose of making a recommendation to the Secretary as to which vessels, if any, should be stricken from the Naval Vessel Register. Each vessel shall be examined at least once every three years if practicable. "(b) ACTIONS BY BOARD.— ^A board designated under subsection (a) shall submit to the Secretary in writing its recommendations as to which vessels, if any, among those it examined should be stricken from the Naval Vessel Register. "(c) ACTION BY SECRETARY. — If the Secretary concurs with a recommendation by a board that a vessel should be stricken from the Naval Vessel Register, the Secretary shall strike the name of that vessel from the Naval Vessel Register. ''§7305. Vessels stricken fr^m Naval Vessel Register: sale "(a) APPRAISAL OF VESSELS STRICKEN FROM NAVAL VESSEL REGISTER.— The Secretary of the Navy shall appraise each vessel stricken from the Naval Vessel Register under section 7304 of this title. "(b) AUTHORITY TO SELL VESSEL. —If the Secretary considers that the sale of the vessel is in the national interest, the Secretary may sell the vessel. Any such sale shall be in accordance with regulations prescribed by the Secretary for the purposes of this section. "(c) PROCEDURES FOR SALE.— (1) A vessel stricken from the Naval Vessel Register and not subject to disposal under any other law may be sold under this section. In such a case, the Secretary may sell the vessel to the highest acceptable bidder, regardless of the appraised value of the vessel, after the vessel is publicly advertised for sale for a period of not less than 30 days. "(2) If the Secretary determines that the bid prices for a vessel received after advertising under paragraph (1) are not acceptable and that readvertising will serve no useful purpose, the Secretary may sell the vessel by negotiation to the highest acceptable bidder if— "(A) each responsible bidder has been notified of intent to negotiate and nas been given a reasonable opportunity to negotiate; and "(B) the negotiated price is— "(i) higher than the highest rejected price of any responsible bidder; or "(ii) reasonable and in the national interest. the disposal of which is authorized by the Federal Property and
 * (d) APPLICABILITY.— This section does not apply to a vessel

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