[Code of Federal Regulations]
[Title 46, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 46CFR68.01-13]

[Page 380-381]
 
                           TITLE 46--SHIPPING
 
   CHAPTER I--COAST GUARD, DEPARTMENT OF HOMELAND SECURITY (CONTINUED)
 
PART 68_DOCUMENTATION OF VESSELS PURSUANT TO EXTRAORDINARY LEGISLATIVE 
GRANTS--Table of Contents
 
  Subpart 68.01_Regulations Implementing Provisions for 46 U.S.C. App. 
                                  883-1
 
Sec. 68.01-13  Privileges conferred--operation of vessels.

    (a) The special citizenship status created by the Act entitles the 
883-1 corporation to operate, subject to the restrictions in Sec. 
68.01-15, vessels which are qualified to engage in the coastwise

[[Page 381]]

trade and are exempt from documentation. (See Sec. 67.9 for classes of 
exempt vessels.)
    (b) Vessels, documented or exempt from documentation, employed 
subject to the Act may carry passengers and merchandise of the 883-1 
corporation owning such vessels only between points in the United 
States, including territories, districts, and possessions thereof 
embraced in the coastwise laws.
    (c) The special citizenship status created by the Act entitles an 
883-1 corporation owning vessels as described in paragraphs (a) and (b) 
of this section to transport merchandise or passengers for hire in the 
coastwise trade as a service for a duly qualified parent or subsidiary 
corporation as defined in Sec. 68.01-1.
    (d) The special citizenship status created by the Act entitles an 
883-1 corporation owning vessels as described in paragraphs (a) and (b) 
of this section to demise or bareboat charter such vessels to common or 
contract carriers subject to the restrictions in Sec. 68.01-15(c).

[CGD 80-107, 47 FR 27511, June 24, 1982, as amended by USCG-2002-13058, 
67 FR 61279, Sept. 30, 2002]