Regulations last checked for updates: Sep 09, 2026

Title 46 - Shipping last revised: Sep 01, 2026
§ 298.25 - Dual-use CCF.

MARAD may require the pledge of a CCF account or annual deposits of some portion of the Project property's net income into a dual-use CCF. A dual-use CCF provides the normal CCF tax-deferral benefits, but also gives MARAD control of CCF withdrawals, recourse against CCF deposits, ensures an emergency refurbishing reserve (tax-deferred) for Project property, and provides additional collateral.

authority: 46 U.S.C. ch. 537; 49 CFR 1.93
source: 91 FR 55491, Aug. 28, 2026, unless otherwise noted.
cite as: 46 CFR 298.25