Page:United States Statutes at Large Volume 98 Part 3.djvu/384

 98 STAT. 2756

PUBLIC LAW 98-547—OCT. 25, 1984 "(B) the equitable or legal title to which has not been transferred to any first purchaser. "(9) The term 'model year' has the meaning given such term under section 501(12) of this Act. "(10) The term 'vehicle theft prevention standard' means a minimum performance standard for the identification of— "(A) major parts of new motor vehicles, and "(B) major replacement parts, by inscribing or affixing numbers or symbols to such parts. "THEFT PREVENTION STANDARD

Regulations. 15 USC 2022.

"SEC. 602. (a) The Secretary shall by rule promulgate, in accordance with this section, a vehicle theft prevention standard which conforms to the requirements of this title and which applies with respect to— "(1) the covered major parts which are installed by manufacturers into passenger motor vehicles in lines designated under section 603 as high theft lines; and "(2) the major replacement parts for the major parts described in paragraph (1). "(b) The standard under this section shall be practicable, and shall provide relevant objective criteria. "(c)(1) Not later than 3 months after the date of the enactment of this title, the Secretary shall prescribe and publish a proposed vehicle theft prevention standard. "(2) As soon as practicable after the 30th day following the publication of the proposed standard under paragraph (1), but not later than 6 months after such date of enactment, the Secretary shall promulgate a final rule establishing such a standard. "(3) The Secretary may, for good cause, extend the 3-month and 6-month periods under paragraphs (1) and (2) if the Secretary publishes the reasons therefor. Either such period may not, in the aggregate, be extended by more than 5 months. "(4) Such standard shall take effect not earlier than 6 months after the date such final rule is prescribed, except that the Secretary may prescribe an earlier effective date if the Secretary— "(A) finds, for good cause shown, that the earlier date is in the public interest, and "(B) publishes the reasons for such finding, "(5) The standard may apply only with respect to— "(A) major parts which are installed by the motor vehicle manufacturer in any passenger motor vehicle which has a model year designation later than the calendar year in which such standard takes effect, and "(B) major replacement parts manufactured after such standard takes effect. "(d)(1) In the case of major parts installed by the motor vehicle manufacturer, the standard under this section may not require— "(A) any part to have more than a single identification, and "(B) any motor vehicle to have identification of more than 14 of its major parts. "(2) In the case of major replacement parts, the standard under this section may not require— "(A) identification of any part which is not designed as a replacement for a major part required to be identified under such standard, and

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