Page:United States Statutes at Large Volume 70.djvu/768

 712 Leases; sales.

PUBLIC LAW 830-JULY 28, 1956

[70 S T A T.

(<]) Following the selection of lands by the Territory pursuant to subsection (b), but prior to the issuance of final patent, the Territory shall be authorized to lease and to make conditional sales of such selected lands. (e) All lands granted to the Territory of Alaska under this section, together with the income therefrom and the proceeds from any dispositions thereof, shall be administered by the Territory of Alaska as a public trust and such proceeds and income shall first be applied to meet the necessary expenses of the mental health program of Alaska. Such lands, income, and proceeds shall be managed and utilized in such manner as the Legislature of Alaska may provide. Such lands, together with any property acquired in exchange therefor or acquired out of the income or proceeds therefrom, may be sold, leased, mortgaged, exchanged, or otherwise disposed of in such manner as the Legislature of Alaska may provide, m order to obtain funds or other property to be invested, expended, or used by the Territory of Alaska. The authority of the Legislature of Alaska under this subsection shall be exercised in a manner compatible with the conditions and requirements imposed by other provisions of this Act. EFFECTIVE DATE

SEC. 203. This title shall become effective on the date of enactment of this Act. TITLE III—TRANSITIONAL AND GENERAL PROVISIONS AMENDMENTS AND REPFJ^I.S

SEC. 301. (a) Such of the following Acts or parts thereof as the Governor by proclamation shall declare to be superseded by a law or laws hereafter enacted by the Territorial legislature are repealed as of the effective date (specified in such proclamation) of such superseding law or laws, or as of the two hundred and tenth day after the date of enactment of this Act, whichever is later: (1) Section 8 of the Act of January 27, 1905 (33 Stat. 616, 619; 48 U.S.C. 4 7); (2) The first sentence of section 7 of the Act of February 6, 1909 (35 Stat. 600, 601), as amended by section 2 of the Act of October 14, 1942 (56 Stat. 782; 48 U.S.C. 4 6): (3) The Act of June 25, 1910 (36 Stat 852; see 48 U.S.C. 46b); (4) The Act of April 24, 1926 (44 Stat. 322), as amended by sections 4 and 5 of the Act of October 14, 1942 (56 Stat. 782, 783; 48 U.S.C. 50, 50a); and 47t>^ AfcW'^'tSt (5) Sections 1, 3, 6, 7, 8, and 9 of the Act of October 14, 1942 (56 ' ' ' • Stat. 782, 783-785; 46 U.S.C. 46c, 47a, 47b, 47c, 48, 48a). (b)(1) The Acts and parts of Acts listed in subsection (a), except the Act of June 25, 1910, are, pending their repeal as provided in subsection (a), amended (A) by striking out the words "Secretary", "United States", "Congress", and "Department of the Interior" wherever these words appear, and inserting in lieu thereof the words "Governor of Alaska or his designee", "Territory of Alaska", "the I^egislature of Alaska", and "Territory of Alaska", respectively; (B) by inserting immediately before the word "Treasury", wherever it appears, the word "Territorial"; (C) by striking out the word "Federal"; and (D) by amending section 1(a) of the Act of October 14, 1942, to read as follows: " 'Governor' means the Governor of Alaska or his designee;": Provided, That the words "United States" where

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