Section 2 is not realistic. This is the section that pertains to performance boats. No manufacturer that I have ever seen has ever certified or stated a boat is capable of a top speed. They have stated a max HP. Every boat ever manufactured is capable of greater than 60 mph. It depends on what motor is in or on it, prop selection for acceleration or top speed, etc. If a 30’ performance boat has a set of props that only allow it to go 59 mph is it then legal? What if the top speed props are only used off of lake Martin? The boat would not then be capable of over 60 mph with the equipment that is running on the lake. Seems pretty grey to me.
In my opinion, the law just doesn’t make sense. If you want to keep speeds down then place a speed limit on the lake.