Page:United States Statutes at Large Volume 59 Part 1.djvu/279

 59 STAT.] 79TH CONG., IST SESS.-CH. 193-JUNE 23, 1945 1946, to corporations created or operations authorized to be performed pursuant to section 5d (3) of the Reconstruction Finance Corpora- tion Act, as amended: Provided, That with respect to such corpora- tions and such operations the making of subsidy payments and buying for resale at a loss shall be limited as follows: (a) Payments or purchases may be made after June 30, 1945, in such amounts as may be necessary to fulfill obligations incurred prior to July 1, 1945, with respect to 1945 and prior fiscal year activities. (b) Payments and purchases may be made with respect to opera- tions for the fiscal year ending June 30, 1946, which involve subsidies and anticipated losses as follows: (1) With respect to materials or commodities, other than rub- ber and rubber products, produced outside the United States, in an amount not to exceed $80,000,000; (2) With respect to rubber and rubber products produced out- side the United States, in an amount not to exceed $60,000,000; (3) With respect to materials or commodities produced within the United States, as follows: (A) Meat in an amount not to exceed $595,000,000; B) Butter in an amount not to exceed $100,000,000; C) Flour in an amount not to exceed $19 0 ,000,0 0 0 ; D) Petroleum and petroleum products in an amount not to exceed $290,000,000; (E) Copper, lead, and zinc, in the form of premium pay- ments, in an amount not to exceed $88,000,000; and (F) Other materials or commodities in an amount not to exceed $100,000,000: Provided, That in the event the entire amount of any of the above allocations is not required for its purpose, the unused portion of such allocation, but not to exceed 10 per centum of such allocation, may be used for making such payments on and purchases of any other item or items enumerated in this Act, as may be determined by the Director of Economic Stabilization: Provided further, That the pre- mium price plan for copper, lead, and zinc shall be extended until June 30, 1946, on the same terms as heretofore, except that all classes of premiums shall be noncancelable unless necessary in order to make individual adjustments of income to specific mines; and that the Metals Reserve Company shall purchase during the fiscal year ending June 30, 1946, at its 1944 price schedule, bauxite produced from such of the underground mines as supplied bauxite to the Metals Reserve Company during 1944 and in such quantities as the Bureau of Mines determines as being subject to permanent loss if not removed prior to June 30, 1946, but not to exceed, however, five hundred thousand long tons. SEC. 2. Any slaughterer who heretofore or hereafter shall have received extra compensation payments under Livestock Slaughter Payments Regulation Numbered 3 of Defense Supplies Corporation (adopted pursuant to directives of the Director of Economic Stabili- zation) when such slaughterer was not in a class eligible for such extra compensation payments, shall be relieved, in whole or in part, of obligation to repay the amount thereof and shall be entitled to receive, in whole or in part, the amount of such extra compensation payments repaid by such slaughterer to, or withheld by Defense Sup- plies Corporation on account of such extra compensation payments, to the extent that it is determined by the Director of Economic Sta- bilization, or any agency of the Government authorized by him, that it would be inequitable for Defense Supplies Corporation to require repayment by such slaughterer or to retain the amounts so repaid or withheld, provided such Director or agency also determines that such slaughterer believed reasonably and in good faith that he was eligible 261 54 Stat. 961. 1 U. S. C., Supp. IV, § 606b (3). Limitations. Obligations incurred prior to July 1, 1945. Allocations for fiscal year 1946. Materials produeed outside U. 8. Rubber, etc. U. S. products. Use of unused por- tion of allocation. Premium price plan for copper, lead, and zine. Bauxite. Slaughterers. Relief concerning e t r a compensation payments. Determtation.

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