Part 2 – MARITIME CONSTRUCTION RESERVE FUND
- 2.1 – Statutory provisions; sections 511 and 905, Merchant Marine Act, 1936, and related statutes.
- 2.1-1 – Definitions.
- 2.1-2 – Scope of section 511 of the Act and the regulations in this part.
- 2.1-3 – Requirements as to vessel operations.
- 2.1-4 – Application to establish fund.
- 2.1-5 – Tentative authorization to establish fund.
- 2.1-6 – Establishment of fund.
- 2.1-7 – Circumstances permitting reimbursement from a construction reserve fund.
- 2.1-8 – Investment of funds in securities.
- 2.1-9 – Valuation of securities in fund.
- 2.1-10 – Withdrawals from fund.
- 2.1-11 – Time deposits.
- 2.1-12 – Election as to nonrecognition of gain.
- 2.1-13 – Deposit of proceeds of sales or indemnities.
- 2.1-14 – Deposit of earnings and receipts.
- 2.1-15 – Time for making deposits.
- 2.1-16 – Tax liability as to earnings deposited.
- 2.1-17 – Basis of new vessel.
- 2.1-18 – Allocation of gain for tax purposes.
- 2.1-19 – Requirements as to new vessels.
- 2.1-20 – Obligation of deposits.
- 2.1-21 – Period for construction of certain vessels.
- 2.1-22 – Time extensions for expenditure or obligation.
- 2.1-23 – Noncompliance with requirements.
- 2.1-24 – Extent of tax liability.
- 2.1-25 – Assessment and collection of deficiencies.
- 2.1-26 – Reports by taxpayers.
- 2.1-27 – Controlled corporation.
- 2.1-28 – Administrative jurisdiction.