Page:United States Statutes at Large Volume 63 Part 1.djvu/424

 PUBLIC LAWS-CH. 288 -JUNE 30, 1949 Advertising. Contractor inven- tories. Consultation with Secretary of Agricul- ture. Disposal of agricul- tural commodities. Post, p. 389. Disposal of vessels. 49 Stat. 1985. 46U.S.C.§1101et seq.; Supp. II, § 1116a ct seq. Donations foreduca- tional purposes. Allocation of prop- erty. 53 Stat. 33 . 26U. .c. o101(6). evidence of compliance with the provisions of this title insofar as con- cerns title or other interest of any bona fide grantee or transferee for value and without notice of lack of such compliance. (e) Unless the Administrator shall determine that disposal by adver- tising will in a given case better protect the public interest, surplus property disposals may be made without regard to any provision of existing law for advertising until 12 o'clock noon, eastern standard time, December 31,1950. (f) Subject to regulations of the Administrator, any executive agency may authorize any contractor with such agency or subcon- tractor thereunder to retain or dispose of any contractor inventory. (g) The Administrator, in formulating policies with respect to the disposal of surplus agricultural commodities, surplus foods processed from agricultural commodities, and surplus cotton or woolen goods, shall consult with the Secretary of Agriculture. Such policies shall be so formulated as to prevent surplus agricultural commodities, or sur- plus food processed from agricultural commodities, from being dumped on the market in a disorderly manner and disrupting the market prices for agricultural commodities. (h) Whenever the Secretary of Agriculture determines such action to be required to assist him in carrying out his responsibilities with respect to price support or stabilization, the Administrator shall transfer without charge to the Department of Agriculture any surplus agricultural commodities, foods, or cotton or woolen goods to be dis- posed of. Receipts resulting from disposal by the Department of Agri- culture under this subsection shall be deposited pursuant to any author- ity available to the Secretary of Agriculture, except that net proceeds of any sale of surplus property so transferred shall be credited pur- suant to section 204 (b), when applicable. Surplus farm commodities so transferred shall not be sold, other than for export, in quantities in excess of, or at prices less than, those applicable with respect to sales of such commodities by the Commodity Credit Corporation. (i) The United States Maritime Commission shall dispose of sur- plus vessels of one thousand five hundred gross tons or more which the Commission determines to be merchant vessels or capable of con- version to merchant use, and such vessels shall be disposed of only in accordance with the provisions of the Merchant Marine Act, 1936, as amended, and other laws authorizing the sale of such vessels. (j) (1) Under such regulations as he may prescribe, the Adminis- trator is authorized in his discretion to donate for educational pur- poses in the States, Territories, and possessions without cost (except for costs of care and handling) such equipment, materials, books, or other supplies under the control of any executive agency as shall have been determined to be surplus property and which shall have been determined under paragraph 2 or paragraph 3 of this subsection to be usable and necessary for educational purposes. (2) Determination whether such surplus property (except surplus property donated in conformity with paragraph 3 of this subsection) is usable and necessary for educational purposes shall be made by the Federal Security Administrator, who shall allocate such property on the basis of needs and utilization for transfer by the Administrator of General Services to tax-supported school systems, schools, colleges, and universities, and to other nonprofit schools, colleges, and universi- ties which have been held exempt from taxation under section 101 (6) of the Internal Revenue Code, or to State departments of education for distribution to such tax-supported and nonprofit school systems, schools, colleges, and universities; except that in any State where another agency is designated by State law for such' purpose such 386 [63 STAT.

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