Volume 73
Public Law 86–237
To amend section 511(h) of the Merchant Marine Act, 1936, as amended, in order to extend the time for commitment of construction reserve funds.
Approved September 8, 1959
Statutory text
AN ACT
To amend section 511(h) of the Merchant Marine Act, 1936, as amended, in order to extend the time for commitment of construction reserve funds.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the proviso
Merchant Marine Act, amendment.
at the end of section 511(h) of the Merchant Marine Act, 1936, as amended, is amended to read as follows: “Provided, That until January 1, 1961, in addition to the extensions hereinbefore permitted, further extensions may be granted ending not later than December 31, 1961.”
Sec. 2.
The amendment made by the first section of this Act shall
Effective date.
take effect June 30, 1959, or on the date of enactment of this Act, whichever date first occurs.
Approved September 8, 1959.