[Code of Federal Regulations]
[Title 49, Volume 5]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 49CFR450.12]

[Page 9]
 
                        TITLE 49--TRANSPORTATION
 
          CHAPTER IV--COAST GUARD, DEPARTMENT OF TRANSPORTATION
 
PART 450--GENERAL--Table of Contents
 
       Subpart B--Procedure for Delegation to Approval Authorities
 
Sec. 450.12  Criteria for selection of Approval Authorities.

    (a) The Chief, Merchant Vessel Inspection Division, Office of 
Merchant Marine Safety, U.S. Coast Guard selects persons or 
organizations in accordance with the following criteria:
    (1) The person or organization is independent of manufacturers and 
owners in that:
    (i) It has sufficient breadth of interest or activity, so that the 
loss or award of a specific contract to approve containers would not be 
a substantial factor in the financial well-being of the organization.
    (ii) The employment status of the personnel of the organization is 
free from influence or control of manufacturers, owners, operators or 
lessors of containers.
    (2) The person or organization has demonstrated the ability to 
competently carry out the procedures required for approval.
    (3) The person or organization has an acceptable degree of financial 
security.

[45 FR 37213, June 2, 1980, as amended at 47 FR 50496, Nov. 8, 1982]