Page:United States Statutes at Large Volume 68 Part 1.djvu/1021

 68

STAT.]

PUBLIC LAW 721-AUG. 31, 1954

(he date stated in such approval. No election shall be approved by the Board unless it (A) includes all the service of the type specified in each establishment or place of business for which the election is made, and (B) is made for not less than two calendar years. "(ii) Any service which, because of an election by an employing unit under section 1(b)(8)(i), i s employment subject to this Act shall cease to be employment subject to the Act as of January 1 of any calendar year subsequent to the two calendar years of the election, only if not later than March 15 of such year, either such employing unit has filed with the Board a written notice to that effect, or the Board on its own motion has given notice of termination of such coverage." Section 1(c) is amended by repealing subsection (1) and renumbering subsection (2) to be subsection (1) and subsection (3) to be subsection (2) and subsection (4) to be subsection (3). Section 1(h) is amended to read as follows: " (h) 'Benefit year' with respect to any individual means the fiftytwo consecutive-week period beginning with the first day of the first week with respect to which the individual first files a valid claim for benefits, and thereafter the fifty-two consecutive-week period beginning with the first day of the first week with respect to which the individual next files a valid claim for benefits after the termination of his last preceding benefit year. Any claim for benefits made in accordance with section 11 of this Act shall be deemed to be a 'valid claim' for the purposes of this subsection if the individual has during his base period been paid wages for employment by employers as required by the provisions of section 7 of the Act." Section 1(m) is amended to read as follows: "(m) 'Employment office' means a free public employment office or branch thereof operated by this or any other State as a part of a Statecontrolled system of public employment offices or by a Federal agency or any agency of a foreign government charged with the administration of an unemployment-insurance program or free public employment offices." Section 1 is amended by adding at the end thereof the following subsections: " (t) The term 'American vessel' means any vessel documented or numbered under the laws of the United States; and includes any vessel which is neither documented or numbered under the laws of the United States nor documented under the laws of any foreign country, if its crew performs service solely for one or more citizens or residents of the United States or corporations organized under the laws of the United States or of any State. " (u) The term 'principal base period employer' means the employer that paid a claimant the greatest amount of wages used in the computation of his claim. In the event two or more employers paid the claimant identical amounts, the employer in such group for whom the claimant most recently worked shall be the principal base period employer." Section 3(c)(1) is amended by adding at the end thereof the following: "Each year the Board shall credit to each of such accounts having a positive reserve on the computation date, the interest earned by such accounts from the Federal Government. This shall be done by averaging the interest rate paid for the four quarters ending on the computation date and crediting to each such account the amount which the reserve on such computation date would earn at such average rate of interest." Section 3(c)(2) is amended by adding at the end thereof the following:

D. C. Code 46301.

'Benefit year. "

D. C. Code 4 6311. "Valid c l a i m. " Poat, p. 993. "E m p l o y t n e n t office."

"American v e s sel."

"Principal base period employer,."

D. C. Code 46303. Interest o n r(sserve.

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