Page:United States Statutes at Large Volume 58 Part 1.djvu/110

 PUBLIC LAWS-CH. 63 -FEB. 25, 1944 "(D) any contract or subcontract for the making or furnishing of a standard commercial article, if, in the opinion of the Board, competitive conditions affecting the sale of such article are such as will reasonably protect the Government against excessive prices; "(E) any contract or subcontract, if, in the opinion of the Board, competitive conditions affecting the making of such con- tract or subcontract are such as are likely to result in effective competition with respect to the contract or subcontract price; and "(F) any subcontract or group of subcontracts not otherwise exempt from the provisions of this section, if, in the opinion of the Board, it is not administratively feasible in the case of such subcontract or in the case of such group of subcontracts to deter- mine and segregate the profits attributable to such subcontract or group of subcontracts from the profits attributable to activities not subject to renegotiation. The Board may so exempt contracts and subcontracts both individually and by general classes or types. Poecutonoclaims "(j) Nothing in sections 109 and 113 of the Criminal Code (U. S . C ., stat. o107, 1109. title 18, secs. 198 and 203) or in section 190 of the Revised Statutes (U. S. C., title 5, sec. 99) shall be deemed to prevent any person by reason of service in a Department or the Board during the period (or a part thereof) beginning May 27, 1940, and ending six months after the termination of hostilities in the present war, as proclaimed by the President, from acting as counsel, agent, or attorney for prosecuting any claim against the United States: Provided,That such person shall not prosecute any claim against the United States (1) involving any subject matter directly connected with which such person was so employed, or (2) during the period such person is engaged in employ- ment in a Department. "(k) Nothing in this section shall be construed to limit or restrict any authority or discretion of the Secretary of a Department under the provisions of any other law. itation osection. " (1) This section may be cited as the 'Renegotiation Act'." 6 USat. s., upp (c) TECHNICAL AMENDMENT8.- (1) Section 3806 (a) (1) (B) and I. 13808 (a)(B). (C) of the Internal Revenue Code (relating to mitigation of effect (c). of renegotiation of war contracts) are respectively amended by strik- ing out "by the Revenue Act of 1942". 56stat. 966. 6 U.. ., supp. (2) Section 3806 (b) (1) and (b ) (2) of the Internal Revenue III, 380(b). Code (relating to credit against repayment on account of renegotia- tion) are respectively amended by inserting after "Chapter 2A," UtS. C. i 3, wherever appearing therein "Chapter 2B,". 04; pp. III, i (3) Section 3806 (b) of the Internal Revenue Code is further Ate, p. 74. amended by renumbering paragraphs (2) and (3) as paragraphs Post, P.24. (3) and (4), respectively, and by inserting after paragraph (1) the following new paragraph: "(2) SPECIAL TULES AS TO INDiVIDUALS FOR 1942 AND 1943.- In the s26 . . C., Supp. case of an individual subject to the provisions of sections 58, 59, and mAIn 58-6 p 1622 note 60 of Chapter 1 and to the provisions of section 6 of the Current Tax pot,p. 22a Payment Act of 1943- Credits. "(A) No credit shall be allowed under paragraph (1) of this Stat.4 subsection for any amount by which the tax for the taxable year 26 ut.s. c. -139; 1942 under Chapter 1 is decreased by the application of para- SUPP. m,ii. 3 . graph (1) or paragraph (2) of subsection (a). If, contrary to po r estdmg. the foregoing provisions of this subparagraph, any part of the . amount shown on the return as such tax for the taxable year 1942 or any part of an amount assessed as such tax for such year or as an addition to such tax is credited against excessive profits eliminated for such year or against an amount disallowed [58 STAT.

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