Page:United States Statutes at Large Volume 73.djvu/56

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PUBLIC LAW 86-14-APR. 22, 1959

[73 S T A T.

Public Law 86-14 AN ACT [H. R. 5508]

ij.p provide for the free importation of articles for exhibition at fairs, exhibitions, or expositions, and for other purposes.

Be it enacted by the Senate and House of Representatives of the oi^i9S9. ^^^* '^*^* United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the "Trade Fair Act of 1959". SEC. 2. DESIGNATION OF FAIRS. (a) IN GENERAL.—When the Secretary of Commerce is satisfied that the public interest in promoting trade will be served by allowance of the privileges provided for in this Act to any fair to be held in the United States, he shall so advise the Secretary of the Treasury, designating (1) the name of the fair, (2) the place where the fair will be held, (3) the date when the fair will open and the date when it will close, and (4) the name of the operator of the fair. (b) DEFINITIONS.—For purposes of this Act— (1) The term "fair'' means any fair, exhibition, or exposition designated by the Secretary of Commerce pursuant to this section. (2) The term "closing date" in the case of any fair means the date designated pursuant to subsection (a)(3) as the date when the fair will close, or (if earlier) the date on which such fair actually closes. (c) REGULATIONS.—The Secretary of Commerce may prescribe such regulations as he deems necessary or appropriate to carry out the provisions of this section. SEC. 3. ENTRY OF ARTICLES FOR FAIRS. Any article imported or brought into the United States— (1) which is in continuous customs custody, covered by a customs exhibition bond, or in a foreign trade zone, and (2) on which no duty or internal-revenue tax has been paid, may, without payment of any duty or internal-revenue tax, be entered under bond under this section for the purpose of exhibition at a fair, or for use in constructing, installing, or maintaining foreign exhibits at a fair. SEC. 4. DISPOSITION OF ARTICLES ENTERED FOR FAIRS. (a) ENTRY UNDER GENERAL CUSTOMS LAWS, ETC.—At any time before, or within 3 months after, the closing date of any fair, any article entered for such fair under section 3 may be sold or otherwise disposed of within, or may be removed from, the area of such fair. This subsection shall apply only if, before such disposition or removal— (1) the article, after the entry for such fair under section 3, has been entered under any provision of the customs laws, and (2) any applicable duties and internal-revenue taxes are paid on such article in its condition and quantity, and at the rate in effect, at the time of such entry as if such article were imported or brought into the United States at the time of such entry. (b) DISPOSITION "WITHOUT PAYMENT OF D U T Y. — A t any time before, or within 3 months after, the closing date of any fair, any article entered for such fair under section 3 may, without the payment of any duties or internal-revenue taxes, be— (1) exported, (2) transferred from such fair to other customs custody status or to a foreign-trade zone, (3) destroyed, or (4) abandoned to the Government.

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