Page:United States Statutes at Large Volume 56 Part 1.djvu/385

 77TH CONG. , 2n SESS.-CH. 404-JUNE 11, 1942 agency, instrumentality, officer, employee, or agent of the United States shall issue or permit to continue in effect any regulations, rul- ings, or instructions, or enter into or approve any contracts or perform any other acts having to do with the deposit, disbursement, or expenditure of public funds, or the deposit, custody, or advance of funds subject to the control of the United States as trustee or otherwise which shall discriminate against or prefer national banking associations, State banks members of the Federal Reserve System, or insured banks not members of the Federal Reserve System, by class, or which shall require those enjoying the benefits, directly or indirectly, of disbursed public funds so to discriminate. All Acts laRseal of O nflicting or parts thereof in conflict herewith are hereby repealed. The terms "Insuredbank"and "insured bank" and "insured deposit" as used in this Act shall be insu red deposit. " construed according to the definitions of such terms in the Act of August 23, 1935 (49 Stat. 684), as amended (U. S. C., title 12, sec. 264). SEO. 11 . Nothing in this Act shall be construed to modify or limit CbhaUaniYdofRFC in any manner (1) the authority vested in the Chairman of the War notmodified. Production Board by Executive Order Numbered 9024 of January 7F.R .329,27. 16, 1942, or Executive Order Numbered 9040 of January 24, 1942, or vested in him by any other Executive order or Act of Congress; or (2) the authority vested in the Reconstruction Finance Corpora- tion or any of its subsidiaries by any Executive order or Act of Congress. SEC. 12. Whenever the Chairman of the War Production Board eImunity frormpresi shall, after consultation with the Attorney General, find, and so actsoromissions. certify to the Attorney General in writing, that the doing of any act or thing, or the omission to do any act or thing, by one or more persons during the period that this section is in effect, in compliance with any request or approval made by the Chairman in writing, is requisite to the prosecution of the war, such act, thing or omis- sion shall be deemed in the public interest and no prosecution or civil action shall be commenced with reference thereto under the antitrust laws of the United States or the Federal Trade Commis- isu.s: C 7. s . sion Act. Such finding and certificate may in his discretion be with- dra^TStionarId wiith drawn at any time by the Chairman by giving notice of such withdrawal to the Attorney General, whereupon the provisions of this section shall not apply to any subsequent act or omission by reason of such finding or certificate. The Attorney General from time to time, but not less frequently otrbShy Attlrney than once every one hundred and twenty days, shall transmit to the Congress a report of operations under this section. Reports pro- vided for under this section shall be transmitted to the Secretary of the Senate or the Clerk of the House of Representatives, as the case may be, if the Senate or the House of Representatives, as the case may be, is not in session. The Attorney General shall order published in the Federal Register Publication of cer- every such certificate and, when he deems it in the public interest, the details of any plan, program or other arrangement promulgated mnder, or which is the basis of, any such certificate. This section shall remain in force until six months after the ter- Durationofection. mination of the present war or until such earlier time as the Congress by concurrent resolution or the President may designate, but no prose- cution or civil action shall be commenced thereafter with reference to any act or omission occurring prior thereto if such prosecution or civil action would be barred by this section if it remained in force. Approved, June 11, 1942. 56 STAT.]

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