This subpart applies to each vessel to which this part applies, except:

1. (a) Vessels used for noncommercial use; and
2. (b) Vessels leased, rented, or chartered to another for the latter's noncommercial use.

[CGD 72-172R, 38 FR 8117, Mar. 28, 1973, as amended by USCG-2012-0919, 79 FR 53630, Sept. 10, 2014]