Section 82: Power to disapprove conference agreement

82. Power to disapprove conference agreement.—(1) The Federal Government may disapprove a liner conference agreement or clauses therein, if— (a) the agreement or clauses therein contravene obligations contained in section 76 or 77; (b) the agreement has not been provided in accordance with section 81; (c) the agreement or clauses therein are not in accordance with obligations contained in international agreements to which the Federal Government is a party; and (d) the agreement provides for such high rates for the carrying out of the liner service as to seriously jeopardize the interests of the shippers. (2) The Federal Government shall notify its decision in writing to the shipping operators and the representative shippers' organizations involved stating the grounds for disapproval. (3) If the Federal Government has disapproved the provisions of any agreement relating to freight rates or other transport conditions, the previous freight rates or conditions shall apply to the agreement.

Effective date: 2001-01-01

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