Collapse to view only § 3795. Repealed.
- § 3791. Prescription of measurement rules and rates of tolls
- § 3792. Bases of tolls
- § 3793. Interest on investments
- § 3794. Procedures
- § 3795. Repealed.
§ 3791. Prescription of measurement rules and rates of tolls
The Commission may, subject to the provisions of this chapter, prescribe and from time to time change—
(1) the rules for the measurement of vessels for the Panama Canal; and
(2) the tolls that shall be levied for use of the Panama Canal.
(Pub. L. 96–70, title I, § 1601, Sept. 27, 1979, 93 Stat. 489; Pub. L. 104–106, div. C, title XXXV, § 3527, Feb. 10, 1996, 110 Stat. 641.)
§ 3792. Bases of tolls
(a) Tolls based on net vessel tons and on displacement tonnage
(b) Toll rates prescribed to cover all costs of operation and maintenance of Panama Canal
(c) Payment of tolls by vessels of United States
(d) Levy of tolls
(Pub. L. 96–70, title I, § 1602, Sept. 27, 1979, 93 Stat. 489; Pub. L. 100–203, title V, § 5427, Dec. 22, 1987, 101 Stat. 1330–274; Pub. L. 102–484, div. C, title XXXV, §§ 3513, 3521(b)(2), Oct. 23, 1992, 106 Stat. 2655, 2657; Pub. L. 105–85, div. C, title XXXV, § 3544, Nov. 18, 1997, 111 Stat. 2072.)
§ 3793. Interest on investments
(a) Calculation of interest
(b) Increases and decreases in investment of United StatesThe investment of the United States described in subsection (a) of this section—
(1) shall be increased by—
(A) the amount of expenditures from the Panama Canal Revolving Fund,,1
1 So in original.
and(B) the value of property transferred to the Commission by any other department or agency of the United States, as determined in accordance with subsection (c) of this section; and
(2) shall be decreased by—
(A) the amount of the funds deposited in the Panama Canal Revolving Fund,
(B) the value of property transferred to the Republic of Panama pursuant to this chapter or any other Act on or after October 1, 1979, and
(C) the value of property transferred by the Commission to any other department or agency of the United States.
(c) Value of property transferred to Commission
(d) Payment and deposit of interest
(Pub. L. 96–70, title I, § 1603, Sept. 27, 1979, 93 Stat. 490; Pub. L. 99–195, § 1(b), Dec. 23, 1985, 99 Stat. 1349; Pub. L. 100–203, title V, § 5425(a), Dec. 22, 1987, 101 Stat. 1330–274.)
§ 3794. Procedures
(a) Publication of notice of proposed changes in rules of measurement and rates of tolls in Federal Register; participation by interested parties; availability of analysis
(1) the costs of operating and maintaining the Panama Canal;
(2) the competitive position of the use of the Canal in relation to other means of transportation;
(3) the interests of the United States and the Republic of Panama in maintaining their domestic fleets;
(4) the impact of such a change in rates of tolls on the various geographical areas of each of the two countries; and
(5) the interests of both countries in maximizing their international commerce.
(b) Revision of proposed rules of measurement or rates of tolls
(c) Publication of notice of changes in rules of measurement and rates of tolls in Federal Register
(d) Judicial review
(Pub. L. 96–70, title I, § 1604, Sept. 27, 1979, 93 Stat. 490; Pub. L. 104–106, div. C, title XXXV, § 3528, Feb. 10, 1996, 110 Stat. 641.)
§ 3795. Repealed. Pub. L. 104–201, div. C, title XXXV, § 3546(a)(1), Sept. 23, 1996, 110 Stat. 2867