Page:United States Statutes at Large Volume 82.djvu/1511

 82 STAT. ]

PROCLAMATION 3822-DEC. 16, 1967

1469

Schedule 3 57,

In Schedule 3, the follovlng is Inserted after headnote 5: "6. (a) If the rate of duty in column numbered 1 applicable to wool provided for in item 306.31 is at any time increased or decreased, the specific part of the compound rate of duty in column 1 (hereinafter referred to as the compensatory part thereof) applicable to articles provided for in each item listed in paragraph (e) of this note, and so much of each specific rate in column 1 applicable to articles provided for in each item listed in paragraph (f) of this note as is therein designated as the compensatory part thereof, shall, subject to the provisions of paragraphs (b) through (d) of this note, be increased or decreased in the same proportion as such rate applicable to wool provided for in item 306.31 is increased or decreased. (b) The maximum and minimum levels to which the compensatory part of a rate may be increased or decreased pursuant to paragraph (a) of this note shall be 50 percent above such compensatory part "existing on July 1, 1934", or 50 percent below such part "existing on July 1, 1962", respectively, as such terms are applied for purposes of section 201(b) of the Trade Expansion Act of 1962 (19 U.S.C. (1964) 1821). (c) Any specific part of a compound rate or any specific rate modified pursuant to paragraph (a) of this note may be rounded, by not exceeding 0.5 cent, to a whole number of cents. (d) A rate increase or decrease pursuant to this note shall be proclaimed by the President effective on the day on which the modified rate becomes applicable to the wool provided for in item 306.31 or, with or without staging, as soon thereafter as the President determines to be practicable under United States law, but in no event later than 4 years after such modified rate becomes applicable, and shall remain in effect thereafter so long as such modified rate is applicable. (e) The items containing the compound rates referred to in paragraph (a) of this note are: 307.50 307.52 307.64 336.10 336.15 336.20 336.25 336.30 336.40 336.50 336.60 345.30 346.52 346.82 347.40 355.15

355.16 357.10 357.15 357.20 358.30 363.10 363.15 363.65 363.70 364.20 364.22 367.05 367.10 367.15 367.20 367.25

372.25 372.30 372.35 372.40 372.45 373.15 374.50 376.08 378.35 378.40 378.45 380.57 380.59 380.61 380.63 380.66

382.48 382.54 382.56 382.58 382.60 382.63 388.10 388.20 388.30 702.54 702.56 702.75 702.80 704.60 704.65 704.70

(f) The items containing the specific rates referred to in paragraph (a) of this note and the compensatory parts of such rates are: Item

Compensatory part of rate

336.35 336.55

30^ per lb. 37.5^ per lb.";

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