Page:United States Statutes at Large Volume 78.djvu/647

 78 STAT. ]

PUBLIC LAW 88-489-AUG. 26, 1964

605

SEC. 1 L Section 56 of the Atomic Energy Act of 1954, as amended, Guaranteed puris amended to read as follows; ''^eTstatl^'gai. "SEC. 56. GUARANTEED PURCHASE PRICES.—The Cohimission shall 42 USC 2076. establish guaranteed purchase prices for plutonium produced in a nuclear reactor by a person licensed under section 104 and delivered to the Commission before January 1, 1971. The Commission shall also establish for such periods of time as it may deem necessary but not to exceed ten years as to any such period, guaranteed purchase prices for uranium enriched in the isotope 233 produced in a nuclear reactor by a person licensed under section 104 and delivered to the ^2 USC 2134. Commission within the period of the guarantee. Guaranteed purchase prices established under the authority of this section shall not exceed the Commission's determination of the estimated value of plutonium or uranium enriched in the isotope 233 as fuel in nuclear reactors, and such prices shall be established on a nondiscriminatory basis: Provided, That the Commission is authorized to establish such guaranteed purchase prices only for such plutonium or uranium enriched in the isotope 233 as the Commission shall determine is produced through the use of special nuclear material which was leased or sold by the Commission pursuant to section 53." SEC. 12. Section 57 of the Atomic Energy Act of 1954, as amended, ^ unauthorized ,

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IS amended to read as lollows:



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42 USC 2077.

" SEC. 57. PROHIBITION.—

"a. Unless authorized by a general or specific license issued by the Commission, which the Commission is authorized to issue pursuant to section 53, no person may transfer or receive in interstate commerce, transfer, deliver, acquire, own, possess, receive possession of or title to, or import into or export from the United States any special nuclear material. "b. It shall be unlawful for any person to directly or indirectly engage in the production of any special nuclear material outside of the Ignited States except (1) under an agreement for cooperation made pursuant to section 123, or (2) upon authorization by 42 USC 2153. the Commission after a determination that such activity will not be inimical to the interest of the United States, "c. The Commission shall not— "(1) distribute any special nuclear material to any person for a use which is not under the jurisdiction of the United States except pursuant to the provisions of section 54; or "(2) distribute any special nuclear material or issue a license pursuant to section 53 to any person within the United States if the Commission finds that the distribution of such special nuclear material or the issuance of such license would be inimical to the common defense and security or would constitute an unreasonable risk to the health and safety of the public." SEC. 13. Section 58 of the Atomic P^nergy Act of 1954, as amended, Congressionai is amended \o read as follows: "^^riStat. 275. "SEC. 58. REVIEW.—Before the Commission establishes any guar- 42 USC 2078. anteed purchase price or guaranteed purchase price period in accordance with the provisions of section 56, or establishes any criteria for the waiver of any charge for the use of special nuclear material licensed and distributed under section 53, the proposed guaranteed purchase price, guaranteed purchase price period, or criteria for the waiver of such charge shall be submitted to the Joint Committee and a

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