Page:United States Statutes at Large Volume 110 Part 6.djvu/104

 110 STAT. 3926 PUBLIC LAW 104-324—OCT. 19, 1996 "(6) promote oil production on the outer continental shelf by affording an economic and safe means of transportation of outer continental shelf oil to the United States mainland.". SEC. 503. DEFINITIONS. (a) ANTITRUST LAWS.— Section 3 of the Deepwater Port Act of 1974 (33 U.S.C. 1502) is amended— (1) by striking paragraph (3); and (2) by redesignating paragraphs (4) through (19) as paragraphs (3) through (18), respectively. (b) DEEPWATER PORT.— The first sentence of section 3(9) of such Act, as redesignated by subsection (a), is amended by striking "such structures," and all that follows through "section 23." and inserting the following: "structures, located beyond the territorial sea and off the coast of the United States and which are used or intended for use as a port or terminal for the transportation, storage, and further handling of oil for transportation to any State, except as otherwise provided in section 23, and for other uses not inconsistent with the purposes of this title, including transportation of oil from the United States outer continental shelf.". SEC. 504. LICENSES. (a) ELIMINATION OF UTILIZATION RESTRICTIONS.— Section 4(a) of the Deepwater Port Act of 1974 (33 U.S.C. 1503(a)) is amended by striking all that follows the second sentence. (b) ELIMINATION OF PRECONDITION TO LICENSING. — Section 4(c) of such Act is amended— (1) by striking paragraph (7); and (2) by redesignating paragraphs (8), (9), and (10) as paragraphs (7), (8), and (9), respectively. (c) CONDITIONS PRESCRIBED BY SECRETARY.— Section 4(e)(1) of such Act is amended by striking the first sentence and inserting the following: "In issuing a license for the ownership, construction, and operation of a deepwater port, the Secretary shall prescribe those conditions which the Secretary deems necessary to carry out the provisions and requirements of this title or which are otherwise required by any Federal department or agency pursuant to the terms of this title. To the extent practicable, conditions required to carry out the provisions and requirements of this title shall be addressed in license conditions rather than by regulation and, to the extent practicable, the license shall allow a deepwater port's operating procedures to be stated in an operations manual, approved by the Coast Guard, in accordance with section 10(a) of this title, rather than in detailed and specific license conditions or regulations; except that basic standards and conditions shall be addressed in regulations.". (d) ELIMINATION OF RESTRICTION ON TRANSFERS. —Section 4(e)(2) of such Act is amended by striking "application" and inserting "license". (e) FINDINGS REQUIRED FOR TRANSFERS.— Section 4(f) of such Act is amended to read as follows: "(f) AMENDMENTS, TRANSFERS, AND REINSTATEMENTS.—The Secretary may amend, transfer, or reinstate a license issued under this title if the Secretary finds that the amendment, transfer, or reinstatement is consistent with the requirements of this Act.".

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