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Rehabilitation Act of 1946, the charterer shall deposit with the Commission a bond, in such amount as the Commission shall require but not less than $25,000, to be approved by the Commission both as to form and sufficiency of the sureties, conditioned upon the true and faithful performance of all and singular the covenants and agreements of the charterer contained in the charter, including, but not limited to, the charterer's obligation to pay charter hire and damages, and indemnity against liens on the chartered vessel. The charterer may, in lieu of furnishing such bond, pledge United States Government securities in the face value of the required amount under an agreement satisfactory in form and substance to the Commission.

(c) Financial limitations. That the charterer agrees that (1) no capital shall be withdrawn, (2) no share capital shall be redeemed or converted into debt, (3) no dividend shall be paid, (4) no loan or advance (except advances to cover current expenses of the charterer) shall be made, either directly or indirectly, to any stockholder, director, officer, or employee of the charterer or to any related company (as defined in § 311.1 (d)), (5) no investment shall be made in the securi

ties of any related company (as defined in § 311.1 (d)), (6) no indebtedness to any stockholder, director, officer, or employee of the charterer or to any related company (as defined in § 311.1 (d)) which was classified as long-term or noncurrent in the balance sheet submitted with the application (or amendment thereto) to charter the vessel, shall be repaid in whole or in part, and (7) no salary at a rate in excess of $12,500.00 per annum shall be paid if, after such transaction, the amount of working capital or the amount of net worth thereby would be reduced below the minima prescribed in § 311.11.

(d) Restricted operations. That the vessel shall be operated only in the interisland commerce in the Philippines.

§ 311.22 Charter form. Unless otherwise ordered by the Commission, the charter form shall be substantially in the form of the charter of a war-built drycargo vessel under the Merchant Ship Sales Act of 1946, as prescribed by § 299.82 of this chapter: Provided, That such charter shall be modified to give effect to the provisions of this part, and there shall be eliminated from such charter all provisions applicable only to the payment of additional charter hire.

INDEX

A

Academies, maritime; training in. See Maritime Administration.
Accidents or casualties, reporting of:

On board vessels transporting explosives, 46 § 146.02-15
On nautical school ships, 46 §§ 167.65-65, 167.65-70

Accounts, of contractors building vessels under operating-differential subsidy agreement. See Maritme Administration.

Agreements; maritime carriers, agreements respecting rates, subsidies, etc.
Maritime Administration.

Air Force Department:

See

Explosives or other dangerous articles for; shipments on board vessels, 46 § 146.02-8

Aliens:

Agreements between maritime carriers respecting rates, etc.; elimination of members who are nationals of countries at war with United States, 46 § 222.17

Sale, lease, charter, or transfer of vessels to:

Vessels owned by United States citizens, 46 Part 221
War-built vessels, sales of, 46 § 299.25

Allowances. See Pay, compensation, allowances, etc.

Arming of merchant cargo vessels, United States, 46 §§ 147.06-1-147.06-5

Army Department:

Explosives or other dangerous articles for; shipments on board vessels, 46 § 146.02-8

Atomic Energy Commission:

Explosive or radioactive materials, etc.; shipments on board vessels, 46 § 146.02-8

B

Bill of lading requirements for common carriers by water, 46 Part 223

Boilers, for merchant vessels; specifications:

Auxiliary boilers, 46 § 162.026

Fusible plugs for, 46 § 162.014

Buoyant apparatus and materials, for livesaving equipment; specifications for. See Coast Guard.

C

Cadets, in maritime academies; training of. See Maritime Administration.
Canadian shipments, of explosives, etc., on board vessels, 46 § 146.02-9
Cargo vessels, United States, arming of, 46 §§ 147.06-1-147.06-5

Casualties, on board vessels. See Accidents or casualties.

Charter of merchant vessels. See Maritime Administration.

Citizenship:

Citizenship oaths, by owners or mortgagees of vessels of United States, 46 § 221.11 Requirements respecting, under Merchant Ship Sales Act of 1946. See Maritime Administration.

Claims:

Against United States, for compensation or indemnity for loss of vessel acquired or requisitioned for title by United States; transfer of war-built vessel in settlement of claim, 46 §§ 299.41, 299.83

For compensation for injuries or death in line of duty; cadets in State Maritime Academies, 46 § 310.10

Coast Guard, Department of the Treasury:

Accidents or casualties on board vessels; reporting of:

Involving explosives, 46 § 146.02-15

On nautical school ships, 46 §§ 167.65-65, 167.65-70

Arming of merchant cargo vessels, United States, 46 §§ 147.06-1-147.06-5 Backfire flame arresters (for carburetors) for merchant vessels, motorboats, and tank vessels, 46 §§ 162.015, 162.016

Balsa wood, for lifesaving equipment, etc.; specifications for, 46 §§ 160.004, 160.027, 164.002

Boilers, for merchant vessels; specifications:

Auxiliary boilers, 46 § 162.026

Fusible plugs for, 46 § 162.014

Buoyant apparatus, for lifesaving equipment; specifications for. See Speci

fications.

Combustible liquids. See Explosives or other dangerous articles.
Compressed gases. See Explosives or other dangerous articles.

Containers, for explosives or other dangerous articles on board vessels.

Explosives or other dangerous articles.

See

Cork, for lifesaving equipment; specifications for, 46 §§ 160.003, 160.009, 164.001
Corrosive liquids. See Explosives or other dangerous articles.
Dangerous articles. See Explosives or other dangerous articles.

Deck coverings for merchant vessels; specifications for, 46 § 164.006

Distress signals (flares, smoke), for merchant vessels; specifications for, 46 §§ 160.021-160.024, 160.028, 160.036, 160.037

Doors, watertight, sliding, for merchant vessels; specifications, 46 § 163.001 Emergency evacuation, vessels requisitioned by United States for, 46 § 154.04 Employment of seamen. See Seamen.

Engineering equipment (safety valves, flame arresters, etc.), for merchant vessels; specifications. See Specifications.

Explosives or other dangerous articles (combustible or inflammable substances or liquids, poisons, etc.); transportation and storage on board vessels, use as ships' stores, etc.:

Ships' stores and supplies on board vessels, use of dangerous articles as, 46 Part 147

Arming of United States merchant cargo vessels, 46 §§ 147.06-1147.06-5

Certification, 46 §§ 147.01-6, 147.01-7, 147.03-1-147.03-11

Classification; ships' stores and supplies of dangerous nature, 46 § 147.05-100

Compliance, 46 § 147.01-3

Culinary supplies, potable spirits, cosmetics, 46 § 147.04-4

Cylinders; requirements, care, etc., 46 §§ 147.04-1-147.04-3

Definition, 46 §§ 147.02-1, 147.02-2

Foreign vessels; handling, stowage, use, etc., of dangerous articles on, 46 § 147.01-7

General; application, scope, compliance, etc., 46 §§ 147.01-1-147.01-7 Merchant cargo vessels, United States, arming of, 46 §§ 147.06—1— 147.06-5

Transportation or storage on board vessels, 46 Part 146

Acceptable explosives, 46 § 146.20-5

Army, Navy, and Air Force Departments, and Atomic Energy Commission; shipments, 46 § 146.02-8

Assignment and certification, 46 § 146.02-6a

Barges, 46 §§ 146.10-1-146.10-50

Canadian shipments, 46 § 146.02-9

Coast Guard, Department of the Treasury-Continued

Explosives or other dangerous articles, etc.-Continued

Transportation or storage on board vessels, 46 Part 146—Continued
Cargo:

Inspection of, 46 § 146.02-12

Loading, stowage, etc. See Loading and unloading, stowage, etc.
Working equipment; safe condition of, 46 § 146.20-37

Carriers; vessels:

Common carrier, 46 § 146.02-18

Other than common carrier, 46 § 146.02-19

Casualty on board vessel involving explosives; report, etc., 46 § 146.02-15
Characteristic properties, statements of, 46 § 146.02-21

Chart, stowage and storage, of explosives and other dangerous articles,
46 § 146.20-90

Chromic acid solution, containers for, 46 § 146.28-17

Classifications of explosives, 46 § 146.01-4

Class A explosives, 46 §§ 146.20-7, 146.20-87, 146.20-100

Class B Explosives, 46 §§ 146.20-9, 146.20-200

Class C explosives, 46 §§ 146.20-11, 146.20-300

Combustible liquids, 46 §§ 146.26-1-146.26-100
Compliance, 46 §§ 146.02-5, 146.02-6

Compressed gases, 46 §§ 146.24-1-146.24-100

Containers for explosives, etc.:

Damaged or leaking containers, 46 §§ 146.02-14, 146.20-49, 146.20-51 Specifications; cargo handling and stowage devices, 46 §§ 146.09-1— 146.09-12

Stowage and dunnaging of, 46 § 146.20-27

Temporary amendments respecting additional containers for certain specific commodities, 14 §§ 146.28-1-146.28-22

Corrosive liquids, 46 §§ 146.23-1-146.23-100

Definitions, 46 §§ 146.03-3-146.03-38, 146.20-1

Drugs; persons using not permitted on board vessel while loading or unloading, 46 § 146.20-47

Emergency shipments, 46 § 146.02-15

Enforcement, 46 §§ 146.02-5, 146.02-6

Export shipments, 46 § 146.02-10

Fires:

Controlled fires, use of, while loading, 46 § 146.20-43
Report of, 46 § 146.02-13

Fireworks, stowage of, 46 § 146.20-21

Gases, compressed, 46 §§ 146.24-1-146.24-100

Gasoline, containers for, 46 §§ 146.28-7, 146.28-8

Handling of explosives, etc. See Loading and unloading, stowage, etc.
Hazardous articles, 46 §§ 146.27-1-146.27-100

Import shipments, 46 § 146.02-11

Inflammables:

Liquids, 46 §§ 146.21-1-146.21-100

Containers for, 46 §§ 146.28-13, 146.28-14

Solids, 46 §§ 146.22-1-146.22-100

Inspection of cargo, 46 § 146.02-12

Labeling, marking, etc.; shipper's requirements with respect to, 46
§§ 146.05-1-146.05-17

Lights, tools and equipment, used in loading, 46 § 146.20-41
Liquids:

Combustible, 46 §§ 146.26-1-146.26-100

Corrosive, 46 §§ 146.23-1-146.23-100
Inflammable, 46 §§ 146.21-1-146.21-100

Containers, 46 §§ 146.28-13, 146.28-14

Poisonous; containers for, 46 § 146.28-21

Liquor; persons using not permitted on board vessel while loading or unloading, 46 § 146.20-47

List of explosives or other dangerous articles, containing shipping name or description of articles subject to regulations, 46 §§ 146.04-1— 146.04-5

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