Page:United States Statutes at Large Volume 119.djvu/3574

 119 STAT. 3556

Deadline.

46 USC app. 1274.

46 USC app. 1274. 46 USC app. 1274.

46 USC app. 1274. 46 USC app. 1279d.

46 USC app. 1280.

VerDate 14-DEC-2004

07:21 Oct 30, 2006

PUBLIC LAW 109–163—JAN. 6, 2006

(2) Section 1103(j) of such Act (46 U.S.C. App. 1273(j)) is amended by adding at the end the following: ‘‘The Secretary of Defense shall determine whether a vessel satisfies paragraphs (1) and (2) by not later than 30 days after receipt of a request from the Administrator for such a determination.’’. (3) Section 1104A(d) of such Act (46 U.S.C. App. 1274(d)) is amended— (A) by striking ‘‘Secretary of Transportation’’ in paragraphs (1)(A) and (3)(B) and inserting ‘‘Administrator’’; (B) by striking ‘‘the waiver’’ in paragraph (4)(B) and inserting ‘‘if deemed necessary by the Secretary or Administrator, the waiver’’; (C) by striking ‘‘the increased’’ in paragraph (4)(B) and inserting ‘‘any significant increase in’’. (4) Section 1104A(f) of such Act (46 U.S.C. App. 1273(f)) is amended— (A) by striking ‘‘financial structures, or other risk factors identified by the Secretary or Administrator.’’ in paragraph (2), as amended by subsection (a) of this section, and inserting ‘‘or financial structures.’’; (B) by striking ‘‘financial structures, or other risk factors identified by the Secretary or Administrator.’’ in paragraph (3), as amended by subsection (a) of this section, and inserting ‘‘or financial structures.’’; and (C) by adding at the end the following: ‘‘(5) A third party independent analysis conducted under paragraph (2) shall be performed by a private sector expert in assessing such risk factors who is selected by the Administrator.’’. (5) Section 1104A(j)(2) of such Act (46 U.S.C. App. 1273(j)(2)) is amended by striking ‘‘The Secretary of Transportation’’ and inserting ‘‘The Administrator’’. (6) Section 1104A(m) of such Act (46 U.S.C. App. 1273(m)) is amended by striking the last sentence and inserting ‘‘If the Secretary or Administrator has waived a requirement under section 1104A(d), the loan agreement shall include requirements for additional payments, collateral, or equity contributions to meet such waived requirement upon the occurrence of verifiable conditions indicating that the obligor’s financial condition enables the obligor to meet the waived requirement.’’. (7) Section 1104A(n)(1) of such Act (46 U.S.C. App. 1273(n)(1)) is amended by striking ‘‘The Secretary of Transportation’’ and inserting ‘‘The Administrator’’. (8) Section 1111 of such Act (46 U.S.C. 1279(f)) is amended by striking ‘‘Secretary of Transportation’’ each place it appears and inserting ‘‘Administrator’’. (c) CONFORMING CHANGES IN OTHER STATUTES.— (1) Section 401(a) of the Ocean Shipping Reform Act of 1998 (46 U.S.C. App. 1273a(a)) is amended by striking ‘‘Secretary of Transportation’’ and inserting ‘‘Administrator of the Maritime Administration’’. (2) Section 101 of Public Law 85–469 (46 U.S.C. 1280) is amended by inserting ‘‘or the Administrator of the Maritime Administration’’ after ‘‘Secretary’’. (3) Section 3527 of the Maritime Security Act of 2003 (46 U.S.C. App. 1280b) is amended by striking ‘‘Secretary of Transportation’’ and inserting ‘‘Administrator of the Maritime Administration’’.

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