Regulacje i polityka gospodarcza · 25/09/1996

Financial Responsibility Requirements for Nonperformance of Transportation

The proposed rule in this proceeding (61 FR 33059, June 26, 1996) would, inter alia, remove the current $15 million coverage ceiling for nonperformance of transportation by passenger vessel operators, and replace the ceiling with sliding-scale coverage requirements keyed to passenger vessel operators' financial rating length of operation in United States trades and satisfactory explanation of claims for nonperformance of transportation. Sixty days originally was provided for comment and a 30-day extension subsequently was granted. The Maritime Administration now requests an additional 30 days for comment. Upon consideration of this request a further extension is granted but, in view of the total amount of time already provided for comment, the extension is limited to 20 days.