Page:United States Statutes at Large Volume 108 Part 6.djvu/367

 PUBLIC LAW 103-465—DEC. 8, 1994 108 STAT. 4935 (3) in subsection (f)— (A) in the subsection heading by stinking "ORDERLY MARKETING AND OTHER" and inserting "CERTAIN"; (B) in paragraph (1)— (i) by sti*iking "orderly marketing agreements" the first place it appears and inserting "agreements of the type describea in subsection (a)(3)(E)"; and (ii) by striking "orderly marketing agreements with foreign countries and inserting "agreements of the type described in subsection (a)(3)(E)"; and (Cj in paragraph (2) by striking "orderly marketing agreement implemented under subsection (a)" and insertLog "agreement implemented under subsection (a)(3)(E)"; and (4) in subsection (g)(2)— (A) in the first sentence by striking "orderly marketing or other"; and (B) in the second sentence— (i) by striking "orderly marketing agreement" and inserting "agreement of the type described in subsection (a)(3)(E) that is"; and (ii) by striking "agreements" and inserting "agreement", (b) LIMITATIONS ON ACTIONS.— (1) DURATION OF ACTIONS. —Section 203(e)(l) of the Trade Act of 1974 (19 U.S.C. 2253(e)(l)) is amended to read as follows: "(1)(A) Subject to subparagraph (B), the duration of the period in which an action taken under this section may be in effect shall not exceed 4 years. Such period shall include the period, if any, in which provisiomd relief under section 202(d) was in effect. "(B)(i) Subject to clause (ii), the President, after receiving an af&rmative determination fix)m the Commission under section 204(c) (or, if the Commission is equally divided in its determination, a determination which the President considers to be an afSnnative determination of the Commission), may extend the effective period of any action under this section ifthe President determines that— "(I) the action continues to be necessary to prevent or remedy the serious injury; and "(II) there is evidence that the domestic industry is making a positive adjustment to import competition. " (ii) The effective period of any action tmder this section, including any extensions thereof, may not, in the aggregate, exceed 8 years.". (2) LIMITATION ON QUANTITATIVE RESTRICTIONS. —Section 203(e)(4) of the Trade Act of 1974 (19 U.S.C. 2263(e)(4)) is cunended to read as follows: "(4) Any action taken \mder this section proclaiming a quantitative restriction shall permit the importation of a quantity or value of the article which is not less th£m. the average quantity or value of such article entered into the United States in the most recent 3 years that are representative of imports of such sirticle and for which data are available, unless the President finds that the importation of a different quantity or value is clearly justified in order to prevent or remedy the serious injury.".

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