Page:United States Statutes at Large Volume 67.djvu/450

 414

PUBLIC LAW 205-AUG. 7, 1953

[67 S T A T,

such highest proposed amount as a basis for negotiations the Commission may negotiate with respect to any facility with any person who submitted a proposal on that or any similar facility and may recommend sale of any facility to any person who submitted a proposal on that or any similar facility at a price which is equal to, higher than, or lower than the highest amount proposed to be paid for each facility as the Commission determines will best effectuate the purposes of this Act. terii.'^°^^^ """ ^^^- li^-The following criteria, together with such other criteria as the Commission deems necessary or desirable to best effectuate the purposes of this Act, shall be used by the Commission in arriving at its recommendations for disposal: (1) That the disposal program be designed best to afford smallbusiness enterprises and users, other than the purchser of a facility, the opportunity to obtain a fair share of the end products of the facilities sold and at fair prices; (2) That the prospective purchaser has the technical competence necessary to operate a rubber-producing facility, except that prior experience in operating a rubber-producing facility shall not be required as a basis for determining whether a prospective purchaser has the technical competence necessary to operate a rubber-producing facility; (3) That the recommended sales shall provide for the develop9 ment within the United States of a free, competitive, synthetic rubber industry, and do not permit any person to possess unreasonable control over the manufacture of synthetic rubber or its component materials; (4) That the prospective purchaser is acting in good faith, and actually intends to operate the facility or facilities for the purpose of manufacturing synthetic rubber or its component materials; (5) That full fair value for the facility or facilities will be received by the Government, taking into consideration the policy set forth in section 2 of this Act; (6) That disposal of the facility or facilities to the purchasers is consistent with national security; and (7) That the facilities recommended for sale will in the aggregate be capable of annually producing not less than five hundred thousand long tons of general-purpose synthetic rubber, and not less than forty-three thousand lon^ tons annually of butyl rubber. SEC. 18. Unless otherwise provided in this Act, the disposal of the Government-owned rubber-producing facilities shall be authorized 62 Stat. 101. ^ notwithstanding the provisions of the Rubber Act of 1948, as amended. note. ^^^ SEC. 19. Unless otherwise provided in this Act, all costs incurred by the Commission or any other department, agency, officer. Government corporation, or instrumentality of the United States pursuant to the provisions of this Act shall, so long as synthetic rubber is produced for the account of the Government in the Government-owned rubberproducing facilities, be paid from and charged against the operating income of the Government-owned synthetic rubber program, administered by the operating agency. c^iS^rio"**" °^ ^^^' 2^- The Commission shall cease to exist thirty days after the termination of the transfer period as provided by section 7(i) of this Act, but nothing contained in this section shall be construed in any way so as to abrogate, modify, or adversely affect any contract of sale or lease of the Government-owned rubber-producing facilities pursuant to this Act. After the Commission ceases to exist, such contracts and leases and other matters involving the Commission shall be administered by such agency of the Government as the President may designate.

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