Constructed

Constructed means the date -
(1) The vessel's keel was laid; or
(2) Construction identifiable with the vessel or facility began and assembly of that vessel or facility commenced comprising of 50 metric tons or at least 1 percent of the estimated mass of all structural material, whichever is less.

Source

46 CFR § 110.15-1


Scoping language

As used in this subchapter -

Is this correct? or