Sec. 3.60  Reports.

    (a) Initial Inventory of Vessels. Within 60 days after receiving 
final approval from the FCC to be an accounting authority, each 
certified accounting authority must provide to the FCC an initial list 
of vessels for which it is performing settlements. This list should 
contain only U.S. registered vessels. Such list shall be typewritten or 
computer generated, be annotated to indicate it is the initial inventory 
and be in the general format of the following and provide the 
information shown:

                                                                        
                                                                        
                Vessel Name                           Call Sign         
                                                                        
                                                                        
                                                                        

    (b) Semi-Annual Additions/Modifications/Deletions to Vessel 
Inventory. Beginning with the period ending on the last day of March or 
September following submission of an accounting authority's Initial 
Inventory of Vessels (See paragraph (a) of this section.) and each semi-
annual period thereafter, each accounting authority is required to 
submit to the FCC a report on additions, modifications or deletions to 
its list of vessels for which it is performing or intending to perform 
settlements, whether or not settlements actually have taken place. The 
list should contain only U.S. registered vessels. The report shall be 
typewritten or computer generated and be in the following general 
format:

                  ADDITIONS TO CURRENT VESSEL INVENTORY                 
                                                                        
           Vessel Name                 Call Sign        Effective Date  
                                                                        
                                                                        
                                                                        


                                    MODIFICATIONS TO CURRENT VESSEL INVENTORY  
                                 
                                                                               
                                 
      Previous Vessel Name        Previous Call Sign    New Vessel Name      Ne
w Call Sign      Effective Date  
                                                                               
                                 
                                                                               
                                 
                                                                               
                                 


                  DELETIONS TO CURRENT VESSEL INVENTORY                 
                                                                        
           Vessel Name                 Call Sign        Effective Date  
                                                                        
                                                                        
                                                                        


The preceding report must be received by the Commission no later than 15 
days following the end of the period (March or September) for which the 
report pertains. Modifications refer to changes to call sign or ship 
name of vessels for which the accounting authority settles accounts and 
for which

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basic information has previously been provided to the Commission. 
Reports are to be submitted even if there have been no additions, 
modifications or deletions to vessel inventories since the previous 
report. If there are no changes to an inventory, this should be 
indicated on the report.
    (c) End of Year Inventory. By February 1st of each year, each 
accounting authority must submit an end-of-year inventory report listing 
vessels for which the accounting authority performed settlements as of 
the previous December 31st. The list should contain only U.S. registered 
vessels. The report must be typewritten or computer generated and 
prepared in the same general format as that shown in paragraph (a) of 
this section except it should be annotated to indicate it is the End of 
Year inventory.
    (d) Annual Statistical Report of Settlement Operations. By February 
1st of each year, each accounting authority settling accounts for U.S. 
registered vessels must submit to the FCC an Annual Statistical Report, 
FCC Form 45, which details the number and dollar amount of settlements, 
by foreign administration, during the preceding twelve months. 
Information contained in this report provides statistical data that will 
enable the Commission to monitor operations to ensure adherence to these 
rules and to appropriate international settlement procedures. FCC Form 
45 can be obtained by writing to the address in 3.61 of these rules.