MERCHANT SHIP SALES ACT OF 1946.

SEC. 3502. MERCHANT SHIP SALES ACT OF 1946. (a) Amendments.—The Merchant Ship Sales Act of 1946 (50 U.S.C. 4401 et seq.) is amended by— (1) [50 U.S.C. 4401] repealing the first section and sections 2, 3, 5, 12, and 14; (2) [50 U.S.C. 4404] in section 8, redesignating subsection (d) as section 56308 of title 46, United States Code, and transferring it to appear after section 56307 of such title; and (3) [50 U.S.C. 4405] redesignating section 11 as section 57100 of title 46, United States Code, and transferring it to appear before section 57101 of such title. (b) Conforming and Clerical Amendments.— (1) Section 2218 of title 10, United States Code, is amended by striking “section 11 of the Merchant Ship Sales Act of 1946 (50 U.S.C. App. 1744)” each place it appears and inserting “section 57100 of title 46”. (2) Section 3134 of title 40, United States Code, is amended— (A) by striking “31,” and inserting “31 or”; and (B) by striking “or the Merchant Ship Sales Act of 1946 (50 App. U.S.C. 1735 et seq.),”. (3) Section 3703a(b)(6) of title 46, United States Code, is amended by striking “section 11 of the Merchant Ship Sales Act of 1946 (50 App. U.S.C. 1744)” and inserting “section 57100”. (4) Section 52101(c)(1)(A)(i) of title 46, United States Code, is amended by striking “section 11 of the Merchant Ship Sales Act of 1946 (50 App. U.S.C. 1744)” and inserting “section 57100”. (5) Section 56308 of title 46, United States Code, as redesignated and transferred by subsection (a)(2) of this section, is amended— (A) by striking so much as precedes “vessel constructed” and inserting the following: “SEC. 56308. Transfer of substitute vessels “In the case of any” ; (B) by inserting “of Transportation” after “Secretary”; and (C) by striking “adjustments with respect to the retained vessels as provided for in section 9, and”. (6) Section 57100 of title 46, United States Code, as redesignated and transferred by subsection (a)(3) of this section, is amended— (A) by striking so much as precedes the text of subsection (a) and inserting the following: “SEC. 57100. National Defense Reserve Fleet “(a) Fleet Components.” ; (B) in subsection (b), by inserting before the first sentence the following: “Permitted Uses.—”; and (C) in subsection (e)— (i) by inserting before the first sentence the following: “Exemption From Tank Vessel Construction Standards.—”; and (ii) by striking “of title 46, United States Code”. (7) Section 57101 of title 46, United States Code, is amended by striking “maintained under section 11 of the Merchant Ship Sales Act of 1946 (50 App. 1744)”. (8) [56 U.S.C. 56301] The analysis for chapter 563 of title 46, United States Code, is amended by inserting after the item relating to section 56307 the following:“56308. Transfer of substitute vessels.”. (9) [56 U.S.C. 57100] The analysis for chapter 571 of title 46, United States Code, is amended by inserting before the item relating to section 57101 the following:“57100. National Defense Reserve Fleet.”.