Pub. L. 103-272, subtit. VII, pt. B, ch. 471, subch. II, sec. 47153

Waiving and adding terms

EnactedYear: 1994Length: 193 wordsOfficial source
§ 47153. Waiving and adding terms (a) General Authority.—(1) The Secretary of Transportation may waive, without charge, a term of a gift of an interest in property under this subchapter if the Secretary decides that— (A) the property no longer serves the purpose for which it was given; or (B) the waiver will not prevent carrying out the purpose for which the gift was made and is necessary to advance the civil aviation interests of the United States. (2) The Secretary of Transportation shall waive a term under paragraph (1) of this subsection on terms the Secretary considers necessary to protect or advance the civil aviation interests of the United States. (b) Waivers and Inclusion of Additional Terms on Request.—On request of the Secretary of Transportation or the Secretary of a military department, a department, agency, or instrumentality of the executive branch of the United States Government or a wholly owned Government corporation may waive a term required by section 47152 of this title or add another term if the appropriate Secretary decides it is necessary to protect or advance the interests of the United States in civil aviation or for national defense.
Pub. L. 103-272, subtit. VII, pt. B, ch. 471, subch. II, sec. 47153: Waiving and adding terms | Justis AI