Page:United States Statutes at Large Volume 82.djvu/1387

 82 STAT. ]

PUBLIC LAW 90-634-OCT. 24, 1968

I345

Public Law 90-634 AN ACT

October 24, 1968

To extend and amend the Renegotiation Act of 1951, and for other purposes.

[H.R. 17324]

Be it enacted by the Senate and House of Representatives United States of America In Congress asserribied.

Renegotiation

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of the

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amendments. Antidumping Act

TITLE I — R E N E G O T I A T I O N AMENDMENTS ACT O F 1968 determinations International Coffee Agreement

SEC. 101. This title may be cited as the "Renegotiation Amendments A'^* °f ^^es. Act of 1968". E X T E N S I O N OF I ' E R M I N A T I O N DATE

SEC. 102. Section 102(c)(1) of the Renegotiation Act of 1951, as amended (50 U.S.C. App., sec. 1212(c)(1)), is amended by striking 7o Stat. 786; out "June 30, 1968" and inserting in lieu thereof "June 30, 1971". ^° ^*^*- " ^ INFORMATION F U R N I S H E D TO BOARD W I T H RESPECT TO STANDARD COMMERCIAL ARTICLES

SEC. 103. Section 105(e)(1) of the Renegotiation Act of 1951, as amended (50 U.S.C. App., sec. 1215(e)(1)), is amended by inserting after the second sentence the following new sentence: "Any person who, but for the provisions of section 1 0 6 (e)(1)(A), would not be relieved for a fiscal year from the filing requirements of the first sentence of this paragraph by reason of the preceding sentence shall furnish for such fiscal year such information with respect to the application of such provisions (and with respect to the aggregate specified in the preceding sentence) as the Board may by regulations prescribe as necessary to carry out this title." MANDATORY E X E M P T I O N FOR STANDARD COMMERCIAL ARTICLES A N D SERVICES

SEC. 104. (a)(1) Paragraph (1) of section 106(e) of the Renegotiation Act of 1951, as amended (50 U.S.C. App,, sec. 1216(e)), is amended— (A) by striking out subparagraph (B), (B) by inserting "or" at the end of subparagraph (A), and (C) by redesignating subparagraph (C) as subparagraph (B). (2) Paragraph (3) of such section is amended by striking out "or (C) " each place it appears. (b) Paragraph (4) of section 106(e) of such Act is amended to read as follows: " (4) DFJFINITIONS.—For the purposes of this subsection— " (A) the term 'article' includes any material, part, component, assembly, machinery, equipment, or other personal property; " (B) the term 'standard commercial article' means, with respect to any fiscal year, an article— " (i) which either is customarily maintained in stock by the contractor or subcontractor or is offered for sale in accordance with a price schedule regularly maintained by the contractor or subcontractor, "(ii) the price of which under any contract or.subcontract subject to this title is not in excess of the lowest price at which such article is sold in similar quantity by the contractor or subcontractor for civilian industrial or

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