Page:United States Statutes at Large Volume 52.djvu/1004

 52 STAT.] 75TH CONG. , 3D SESS.-CH. 600-JUNE 23, 1938 "The foregoing provision respecting the requisition or the acquisi- tion of ownership by the United States shall run with the title to such vessel or vessels and be binding on all owners thereof." SEc. 34. Section 803 of such Act is amended by striking out the provisos and the colon following the word "services", and inserting in lieu thereof a comma and the following: "except that the Com- mission, by a vote of four members (except as provided in section 201 (a)) may grant an exemption in writing from the provisions of this section, upon such terms and conditions and for such specific period of time as the Commission deems necessary or appropriate to carry out the policy of this Act, in any case where- "(a) The Commission finds that the enforcement of such provi- sions is not necessary to safeguard the economical and fair applica- tion of subsidies paid the contractor under this Act, and that such exemption will promote economy or efficiency of service by the mer- chant marine; and "(b) The person performing the services or supplying the facili- ties agrees to account for and pay over to the contractor any and all profits resulting from performing such services or supplying such facilities." SEC. 35. The proviso in section 804 of such Act is amended to read as follows: "Provided, however, That under special circumstances and for good cause shown the Commission may, in its discretion, waive the provisions of this section as to any contractor, for a spe- cific period of time, by affirmative vote of four of its members, except as otherwise provided in section 201 (a)." SEC. 36. (a) Section 805 (b) of such Act is amended by inserting a period after the word "contractor" at the end thereof. (b) Section 805 (c) of such Act is amended by striking out "no director" and inserting in lieu thereof "No director". SEC. 37. The last sentence of section 805 (d) of such Act is amended to read as follows: "No contractor shall receive an operat- ing-differential subsidy for the operation of any chartered vessel save and except during a period of actual emergency determined by the Commission, or except as provided in section 708." SEC. 38. Section 807 of such Act is amended to read as follows: "SEC. 807. It shall be unlawful for any person employed or re- tained by any shipbuilder or ship operator holding or applying for a contract under the provisions of this Act, or employed or retained by any subsidiary, affiliate, associate, or holding company of such shipbuilder or ship operator, to present, advocate, or oppose any matter within the scope of the Shipping Act, 1916, as amended, the Merchant Marine Act, 1920, as amended, the Merchant Marine Act, 1928, as amended, the Intercoastal Shipping Act, 1933, or this Act, before the Congress or any committee thereof, or before the Commis- sion, unless such shipbuilder or ship operator shall have previously filed with the Commission in such form and detail as the Commission shall by rules and regulations or order prescribe as necessary or appropriate in the public interest, a statement of the subject matter in respect of which such person is retained or employed, the nature and character of such retainer or employment, and the amount of compensation received or to be received by such person, directly or indirectly, in connection therewith. It shall be the duty of every such person so employed or retained to file with the Commission within thirty days after the close of each calendar month during such retainer or employment, in such form and detail as the Com- mission shall by rules and regulations or order prescribe as necessary or appropriate in the public interest, a statement of the expenses 963 Provision to run with vessel title. 49 Stat. 2012. Restriction on em- ployment of concern, etc., in which contrac- tor financially inter- ested. Exemptions. 49 Stat. 1986. Where enforcement unnecessary. Accounting and pay- ment of all profits, etc. 49 Stat. 2012. Waiver permitted; affirmative vote of four members of Com- mission. Exception. 49 Stat. 1986. 49 Stat. 2013. Textual amend- ments. 49 Stat. 2013. Chartered vessels, receipt of subsidy by contractor; limitation. 49 Stat. 2014. Lobbying activ ities. 39 Stat. 728; 41 Stat. 988; 45 Stat. 689; 47 Stat. 1426; 49 Stat. 1981. 46 U.S. C.. 801, 861,891,843; Supp. III , 1101; ehs. 23, 24, 24A, 2:A. Statement of subject matter for which per- son employed. Statement of ex- penses, etc.

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