§40103 Administrative Exemptions

Summary

The Federal Maritime Commission can, when someone asks or on its own, use an order or rule to excuse in the future a group of covered agreements or specific activities from the part’s requirements if it finds the change will not cause a big drop in competition or hurt commerce. The Commission can set conditions on the exemption and can cancel it later. It may only grant or cancel an exemption after giving interested people and U.S. government departments and agencies a chance for a hearing.