30 USC 1472 - Deep Seabed Revenue Sharing Trust Fund; establishment

U.S Code last checked for updates: Nov 23, 2024

§ 1472.

Deep Seabed Revenue Sharing Trust Fund; establishment

(a)

Creation of Trust Fund

(b)

Transfer to Trust Fund of amounts equivalent to certain taxes

(1)

In general

(2)

Method of transfer

(c)

Management of Trust Fund

(1)

Report

(2)

Investment

(A)

In general

(B)

Sale of obligations

(C)

Interest on certain proceeds

(d)

Expenditures from Trust Fund

(e)

Use of funds

(f)

International deep seabed treaty

(Pub. L. 96–283, title IV, § 403, June 28, 1980, 94 Stat. 584; Pub. L. 99–514, § 2, Oct. 22, 1986, 100 Stat. 2095.)

cite as: 30 USC 1472