There is created a Fishermen’s Protective Fund which shall be used by the Secretary of State to reimburse owners of vessels for amounts determined and certified by him under section
1973 of this title. The amount of any claim or portion thereof collected by the Secretary of State from any foreign country pursuant to section
1975(a) of this title shall be deposited in the fund and shall be available for the purpose of reimbursing vessel owners under section
1973 of this title; except that if a transfer to the fund was made pursuant to section
1975(b)(1) of this title with respect to any such claim, an amount from the fund equal to the amount so collected shall be covered into the Treasury as miscellaneous receipts. There is authorized to be appropriated to the fund
(1) the sum of $3,000,000 to provide initial capital, and
(2) such additional sums as may be necessary from time to time to supplement the fund in order to meet the requirements of the fund.
1984—Pub. L. 98–364substituted “Secretary of State” for “Secretary of the Treasury” and “determined and certified by him” for “certified to him by the Secretary of State”.
Section applicable with respect to seizure of vessels of the United States occurring on or after Oct. 26, 1972, except that reimbursements under section
1973 of this title may be made from the fund established by this section with respect to seizure of vessels occurring after Dec. 31, 1970 and before Oct. 26, 1972, if no reimbursement was made before Oct. 26, 1972, see section 6 ofPub. L. 92–569, set out as an Effective Date of 1972 Amendment note under section
1972 of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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Description of Change
Statutes at Large
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