United States Code, 2016 Edition
Title 46 - SHIPPING
Subtitle IV - Regulation of Ocean Shipping
Part A - Ocean Shipping
CHAPTER 401 - GENERAL
Sec. 40103 - Administrative exemptions
From the U.S. Government Publishing Office, www.gpo.gov
§40103. Administrative exemptions
(a) In General.—The Federal Maritime Commission, on application or its own motion, may by order or regulation exempt for the future any class of agreements between persons subject to this part or any specified activity of those persons from any requirement of this part if the Commission finds that the exemption will not result in substantial reduction in competition or be detrimental to commerce. The Commission may attach conditions to an exemption and may, by order, revoke an exemption.
(b) Opportunity for Hearing.—An order or regulation of exemption or revocation of an exemption may be issued only if the Commission has provided an opportunity for a hearing to interested persons and departments and agencies of the United States Government.
(Pub. L. 109–304, §7, Oct. 6, 2006, 120 Stat. 1527.)
Historical and Revision Notes
|Source (U.S. Code)||Source (Statutes at Large)|
||Pub. L. 98–237, §16, Mar. 20, 1984, 98 Stat. 84; Pub. L. 105–258, title I, §114, Oct. 14, 1998, 112 Stat. 1912.