Page:United States Statutes at Large Volume 65.djvu/419

 65 STAT.]

PUBLIC LAW 165—OCT. 10, 1951

385

U S E OF COUNTERPART

SEC. 523. Section 115(b)(6) of the Economic Cooperation Act of 1948, as amended (22 U.S.C. 1513 (b)(6)), is hereby amended by— Stat. isi. (a) inserting in the second proviso thereof after "wealth" the following: "for the encouragement of emigration pursuant to subsection (e) of this section"; (b) adding in the last clause of the second proviso "and operating" after "administrative"; (c) striking from the last clause of the second proviso "within such country"; (d) substituting in the fourth proviso the words "upon termination of assistance to such country under this Act" in place of the words "on June 30, 1952"; and (e) adding at the end thereof the following new sentences: "The Administrator shall exercise the power granted to him by this paragraph to make agreements with respect to the usa of the funds deposited in the special accounts of 'participating countries' (as defined in section 103(a) hereof) and any other countries receiving assistance under the Mutual Defense Assistance Act of 1949, ^ TJ**S^^C 1571 as amended, in such a manner that the equivalent of not less than note. $500,000,000 of such funds shall be used exclusively for military production, construction, equipment, and materiel in such countries. The amount to be devoted from each such special account for such use shall be agreed upon by the Administrator and the country or countries concerned.". RETURN OF EQUIPMENT

SEC. 524. The President shall make appropriate arrangements with each nation receiving equipment or material under the Mutual Defense Assistance Act of 1949, as amended (other than equipment or material ^ u**s^^c § 1571 furnished under terms requiring the nation to reimburse the United note. States in full therefor), for the return to the United States (1) for salvage or scrap, or (2) for such other disposition as the President shall deem to be in the interest of mutual security, of any of such equipment or material as is no longer required for the purposes for which originally made available. REIMBURSABLE A I D

SEC. 525. Section 408(e) of the Mutual Defense Assistance Act of 1949, as amended (22 U.S.C. 1580), is hereby amended by adding in the first proviso thereof, after the words "of which it is a part", the words "or in United Nations collective security arrangements and measures", and by changing the figure at the end of such section 408 (e) to "$500,000,000".

^ Stat. 720.

EXCESS EQUIPMENT

SEC. 526. The proviso in the first sentence of section 403(d) of the Mutual Defense Assistance Act of 1949, as amended (22 U.S.C. 1574 (d)), is hereby amended to read as follows: '''"Provided, That after June 30, 1950, such limitation shall be increased by $250,000,000 and after June 30, 1951, by an additional $300,000,000".

^astat. 717.

CONGRESSIONAL COMMITTEEXPENSES

SEC. 527. Section 115(h) of the Economic Cooperation Act of 1948, as amended (22 U.S.C. 1513 (h)) is amended by inserting before the period at the end thereof a comma and the following: "including local

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