Page:United States Statutes at Large Volume 74.djvu/1247

 74 STAT.]

PROCLAMATION 3328—DEC. 10, 1959

of section 1; and the quantities subject to allocation in Districts I-IV pursuant to section 3 shall not be reduced by reason of such excepted imports. However, if the President should find and notify the Secretary of the Interior that, for any period for which allocations are made, a reduction is necessary in order to prevent total imports into Districts I-IV from seriously impairing accomplishment of the purposes of this proclamation, the quantities of authorized imports into Districts I-IV subject to allocation shall be reduced to the extent found necessary by the President." "(e) The Secretary of the Interior shall keep under review the imports into Districts I-IV and into District V of residual fuel oil to be used as fuel and the Secretary may make, notwithstanding the levels prescribed in paragraphs (a) and (b) of this section and on a monthly basis if required, such adjustments in the maximum levels of such imports as he may determine to be consonant with the objectives of this proclamation." 2. Subparagraph (4) of paragraph (b) of section 3 is amended to read as follows: "(4) With respect to the allocation of imports of finished products into Districts I-IV, District V, and Puerto Rico, such regulations shall, to the extent possible, provide (i) for a fair and equitable distribution of such products among persons who have been importers of finished products during the respective base periods specified in section 2 of this proclamation, and (ii) for the granting and adjustment of allocations of imports of finished products in accordance with procedures established pursuant to section 4 of this proclamation." 3. Section 4 is amended to read as follows: "SEC. 4. (a) The Secretary of the Interior is authorized to provide for the establishment and operation of an Appeals Board to consider petitions by per-

c33

Residual fuel oii.

Finished products.

Appeals Board.

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