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
   fbasic 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.