46a USC Rule - Exemptions
The Commission, upon application or on its own motion, may by order or rule exempt for the future any class of agreements between persons subject to this chapter or any specified activity of those persons from any requirement of this chapter if it finds that the exemption will not result in substantial reduction in competition or be detrimental to commerce. The Commission may attach conditions to any exemption and may, by order, revoke any exemption. No order or rule of exemption or revocation of exemption may be issued unless opportunity for hearing has been afforded interested persons and departments and agencies of the United States.
Source
(Pub. L. 98–237, § 16,Mar. 20, 1984, 98 Stat. 84; Pub. L. 105–258, title I, § 114,Oct. 14, 1998, 112 Stat. 1912.)
Amendments
1998—Pub. L. 105–258substituted “result in substantial reduction in competition or be detrimental to commerce.” for “substantially impair effective regulation by the Commission, be unjustly discriminatory, result in a substantial reduction in competition, or be detrimental to commerce.”
Effective Date of 1998 Amendment
Amendment by Pub. L. 105–258effective May 1, 1999, see section 2 ofPub. L. 105–258, set out as a note under section
1701 of this Appendix.
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, May 21, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
| 46a USC | Description of Change | Session Year | Public Law | Statutes at Large |
|---|
LII has no control over and does not endorse any external Internet site that contains links to or references LII.