On and after March 22, 1947, the construction fund established by section
1116 of this Appendix shall be available for the payment of obligations previously incurred against the emergency ship construction fund.
Source
(Mar. 22, 1947, ch. 20, title II, 61 Stat. 18; 1950 Reorg. Plan No. 21, § 306, eff. May 24, 1950, 15 F.R. 3178, 64 Stat. 1277.)
Codification
Words “United States Maritime Commission” preceding “construction fund” omitted and words “established by section
1116 of this Appendix” inserted following “construction fund” on authority of Reorg. Plan No. 21 of 1950, set out under section
1111 of this Appendix.
Section was enacted as part of act Mar. 22, 1947, popularly known as the Urgent Deficiency Appropriation Act, 1947, and not as part of the Merchant Marine Act, 1936, which comprises this chapter.
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