Page:United States Statutes at Large Volume 79.djvu/195

 79 STAT. ]

PUBLIC LAW 89-44-JUNE 21, 1965

(e) Section 6806 (relating to posting occupation tax stamps) is amended by striking out "AMUSEMENT AND" in the heading of subsection (b). (f) Section 6808 (relating to special provision relating to stamps) is amended by striking out paragraphs (1) and (9). (g) Section 7012 (relating to cross references) is amended by striking out subsection (d). (h) Section 7 2 7 2 (D) (relating to cross references) is amended by striking out "4455,". (i) Section 7275 (relating to failure to print correct price on tickets) is repealed and the table of sections for subchapter B of chapter 75 is amended by striking out the item relating to section 7275. (j) Section 7S26(a) (relating to disposal of forfeited or abandoned property in special cases) is amended h^ striking out "section 4462 (a)(2) " and inserting in lieu thereof "section 4462".

TITLE VII—EFFECTIVE DATES OF TITLES I-VI SEC. 701. EFFECTIVE DATES. (a) RETAILERS AND MANUFACTURERS EXCISE TAXES.—

(1) IN GENERAL.—Except as otherwise provided in this subsection, the amendments made by titles I and II of this Act shall apply with respect to articles sold on or after the day after the date of the enactment of this Act. (2) SPECIAL RULES.—The amendments made by sections 201 (b)(2) (relating to automobile parts and accessories) and 202(a) (relating to lubricating oil) shall apply with respect to articles sold on or after Januarv 1, 1966. The amendments made by section 202(b) and (c) (relating to payments with respect to lubricating oil) shall take effect January 1, 1966. The amendments made by section 203, insofar as they relate to the tax imposed by section 4131 (relating to electric light bulbs) of the Code, and the amendments made by section 208, insofar as they relate to the tax imposed by section 4061(b) (relating to automotive parts and accessories), section 4091 (relating to lubricating oil), or section 4131 (relating to electric light bulbs) of the Code, shall apply with respect to articles sold on or after January 1, 1966. The amendments made by sections 207 (relating to partial payments; sales of installment accounts) and 209(a) (relating to floor stocks refunds on passenger automobiles, etc.) shall take effect on the day after the date of the enactment of this Act. The amendments made by section 210 (relating to Highway Trust Fund) shall take effect January 1, 1966. (3) INSTALLMENT SALES, ETC.—For purposes of paragraphs (1) and (2), an article shall not be considered sold oefore the day after the date of the enactment of this Act or before January 1, 1966, as the case may be, unless possession or right to posse^^ion passes to the purchaser before such day or such date. Iti the case of— ^A) a lease, (B) a contract for the sale of an article where it is provided that the price shall be paid by installments and title to the article sold does not pass until a future date notwithstanding partial payment by installments.

155

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72 Stat. 1429. Ante,

p. 149.

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