§53201 Definitions

Summary

Defines key words used for submarine cable work, the ships that do it, the people and agreements involved, and how certain trusts must be set up. "Cable services" means installing, fixing, and caring for submarine cables and the work done by cable ships. A "cable vessel" is a ship classed as a cable ship by the American Bureau of Shipping (or another accepted class society) and able to install and repair cables. "Cable Fleet" means the Cable Security Fleet set up by the law. "Contingency Agreement" and "Operating Agreement" mean the specific contracts the law requires. A "Contractor" is a vessel owner/operator who signs an Operating Agreement with the Secretary. "Fiscal year" runs from October 1 to September 30. "Operating Agency" is the part of the Department of Defense the Secretary of Defense names. "Person" includes companies, partnerships, and similar groups under U.S. or foreign law. "Secretary" means the Secretary of Transportation. "United States" includes the 50 States, DC, Puerto Rico, Northern Mariana Islands, Guam, American Samoa, and the Virgin Islands. A "United States citizen trust" is a trust made under U.S. state law with U.S. citizen trustees and rules to keep non‑citizens from holding more than 25% of the power to direct or remove trustees over vessel matters that could harm U.S. interests; non‑citizens may still hold more than 25% of the beneficial interest.