WASHINGTON, July 1 -- Maritime Administration has issued a rule called: Rescinding Regulations Providing Terms for Agency Agreements.

The rule was published in the Federal Register on July 1 by T. Mitchell Hudson, Secretary, Maritime Administration.

Summary: MARAD is deleting 46 CFR parts 317, 324, 325, 326, 328, 329, 330, 332, 335, 336, 337, 338, and 339, which pertain to terms under agreements with agents. While MARAD is retaining its 46 CFR part 315 regulation addressing agency agreements and the appointment of agents, other regulations that simply provide static procedures to serve as terms of agreement are obsolete and are being rescinded because they are covered by clauses contained in the Federal Acquisition Regulation (FAR). In th...