‘‘SEC. 806. IMPOSITION AND COLLECTION OF INJURIOUS
PRICING CHARGE.
‘‘(a) IN GENERAL.—Within 10 days after being noti-
fied by the Commission of an affirmative determination
under section 805(b), the administering authority shall
publish an order imposing an injurious pricing charge on
the foreign producer of the subject vessel which—
‘‘(1) directs the foreign producer of the subject
vessel to pay to the Secretary of the Treasury, or
the designee of the Secretary, within 180 days from
the date of publication of the order, an injurious
pricing charge in an amount equal to the amount by
which the normal value exceeds the export price of
the subject vessel,
‘‘(2) includes the identity and location of the
foreign producer and a description of the subject
vessel, in such detail as the administering authority
deems necessary, and
‘‘(3) informs the foreign producer that—
‘‘(A) failure to pay the injurious pricing
charge in a timely fashion may result in the im-
position of countermeasures with respect to that
producer under section 807,
‘‘(B) payment made after the deadline de-
scribed in paragraph (1) shall be subject to in-
terest charges at the Commercial Interest Ref-
erence Rate (CIRR), and
‘‘(C) the foreign producer may request an
extension of the due date for payment under
subsection (b).
‘‘(b) EXTENSION OF DUE DATE FOR PAYMENT IN
EXTRAORDINARY CIRCUMSTANCES.—
‘‘(1) EXTENSION.—Upon request, the admin-
istering authority may amend the order under sub-
section (a) to set a due date for payment or pay-
ments later than the date that is 180 days from the
date of publication of the order, if the administering
authority determines that full payment in 180 days
would render the producer insolvent or would be in-
compatible with a judicially supervised reorganiza-
tion. When an extended payment schedule provides
for a series of partial payments, the administering
authority shall specify the circumstances under
which default on one or more payments will result
in the imposition of countermeasures.
‘‘(2) INTEREST
CHARGES.—If a request is
granted under paragraph (1), payments made after
the date that is 180 days from the publication of the
order shall be subject to interest charges at the
CIRR.
‘‘(c) NOTIFICATION OF ORDER.—The administering
authority shall deliver a copy of the order requesting pay-
ment to the foreign producer of the subject vessel and to
an appropriate representative of the government of the ex-
porting country.
‘‘(d) REVOCATION OF ORDER.—The administering
authority—
‘‘(1) may revoke an injurious pricing order if
the administering authority determines that produc-
ers accounting for substantially all of the capacity to
produce a domestic like vessel have expressed a lack
of interest in the order, and
‘‘(2) shall revoke an injurious pricing order—
‘‘(A) if the sale of the vessel that was the
subject of the injurious pricing determination is
voided,
‘‘(B) if the injurious pricing charge is paid
in full, including any interest accrued for late
payment,
‘‘(C) upon full implementation of an alter-
native equivalent remedy described in sub-
section (e), or
‘‘(D) if, with respect to the vessel sale that
was at issue in the investigation that resulted
in the injurious pricing order, an antidumping
proceeding conducted by a WTO member who
is not a Shipbuilding Agreement Party has been
completed and resulted in the imposition of
antidumping measures.
‘‘(e) ALTERNATIVE EQUIVALENT REMEDY.—
‘‘(1) AGREEMENT FOR ALTERNATE REMEDY.—
The administering authority may suspend an injuri-
ous pricing order if the administering authority en-
ters into an agreement with the foreign producer
subject to the order on an alternative equivalent
remedy, that the administering authority deter-
mines—
‘‘(A) is at least as effective a remedy as
the injurious pricing charge,
‘‘(B) is in the public interest,
‘‘(C) can be effectively monitored and en-
forced, and
‘‘(D) is otherwise consistent with the do-
mestic law and international obligations of the
United States.
‘‘(2) PRIOR CONSULTATIONS AND SUBMISSION
OF COMMENTS.—Before entering into an agreement
under paragraph (1), the administering authority
shall consult with the industry, and provide for the
submission of comments by interested parties, with
respect to the agreement.
‘‘(3) MATERIAL VIOLATIONS OF AGREEMENT.—
If the injurious pricing order has been suspended
under paragraph (1), and the administering author-
ity determines that the foreign producer concerned
has materially violated the terms of the agreement
under paragraph (1), the administering authority
shall terminate the suspension.
‘‘SEC. 807. IMPOSITION OF COUNTERMEASURES.
‘‘(a) GENERAL RULE.—
‘‘(1) ISSUANCE OF ORDER IMPOSING COUNTER-
MEASURES.—Unless an injurious pricing order is re-
voked or suspended under section 806 (d) or (e), the
administering authority shall issue an order impos-
ing countermeasures.
‘‘(2) CONTENTS
OF
ORDER.—The counter-
measure order shall—
‘‘(A) state that, as provided in section 468,
a permit to lade or unlade passengers or mer-
chandise may not be issued with respect to ves-
sels contracted to be built by the foreign pro-
ducer of the vessel with respect to which an in-
jurious pricing order was issued under section
806, and
‘‘(B) specify the scope and duration of the
prohibition on the issuance of a permit to lade
or unlade passengers or merchandise.
‘‘(b) NOTICE
OF INTENT TO IMPOSE COUNTER-
MEASURES.—
‘‘(1) GENERAL RULE.—The administering au-
thority shall issue a notice of intent to impose coun-
termeasures not later than 30 days before the expi-
ration of the time for payment specified in the inju-
rious pricing order (or extended payment provided
for under section 806(b)), and shall publish the no-
tice in the Federal Register within 7 days after issu-
ing the notice.
‘‘(2) ELEMENTS OF THE NOTICE OF INTENT.—
The notice of intent shall contain at least the follow-
ing elements:
‘‘(A) SCOPE.—A permit to lade or unlade
passengers or merchandise may not be issued
with respect to any vessel—
‘‘(i) built by the foreign producer sub-
ject to the proposed countermeasures, and
‘‘(ii) with respect to which the mate-
rial terms of sale are established within a
period of 4 consecutive years beginning on
the date that is 30 days after publication
in the Fedeal Register of the notice of in-
tent described in paragraph (1).
‘‘(B) DURATION.—For each vessel de-
scribed in subparagraph (A), a permit to lade
or unlade passengers or merchandise may not
be issued for a period of 4 years after the date
of delivery of the vessel.
‘‘(c) 
DETERMINATION
TO
IMPOSE
COUNTER-
MEASURES; ORDER.—
‘‘(1) GENERAL RULE.—The administering au-
thority shall, within the time specified in paragraph
(2), issue a determination and order imposing coun-
termeasures.
‘‘(2) TIME FOR DETERMINATION.—The deter-
mination shall be issued within 90 days after the
date on which the notice of intent to impose counter-
measures under subsection (b) is published in the
Federal Register. The administering authority shall
publish the determination, and the order described
in paragraph (4), in the Federal Register within 7
days after issuing the final determination, and shall
provide a copy of the determination and order to the
Customs Service.
‘‘(3) CONTENT OF THE DETERMINATION.—In
the determination imposing countermeasures, the