Page:United States Statutes at Large Volume 82.djvu/1646

 1604

19 USC 1862

note

PROCLAMATION 3823-JAN. 29, 1968

[82 STAT.

is consonant with the objectives of this proclamation. The maximum level of imports of finished products into Puerto Kico for a particular allocation period shall be approximately the level of such imports during all or part of the calendar year 1958 as determined by the Secretary to be consonant with the purposes of this proclamation or such higher level as the Secretary may determine is required to meet a demand in Puerto Rico for finished products that would not otherwise be met. 2. Effective with respect to the allocation period beginning January 1, 1968 subparagraph (1) of paragraph (b) of section 3 of Proclamation 3279, as amended, is amended to read as follows: (b)(1) With respect to the allocation of imports of crude oil and unfinished oils into Districts I - IV and into District V such regulations shall provide, to the extent possible, for a fair and equitable distribution among persons having refinery capacity in these districts in relation to refinery inputs (excluding inputs of crude oil or unfinished oils imported pursuant to clause (4) of paragraph (a) of section 1). The Secretary may by regulation also provide for the making of allocations of imports of crude oil and unfinished oils into Districts I - IV and into District V to persons having petrochemical plants in these districts in relation to the outputs of such plants or in relation to inputs to such plants (excluding inputs of crude oil or unfinished oils imported pursuant to clause (4) of paragraph (a) of section 1). Provision may be made in the regulations for the making of such allocations on the basis of graduated scales. Notwithstanding the levels prescribed in section 2 of this proclamation, the Secretary may also by regulation make such provisions as he deems consonant with the objectives of this proclamation for the making of allocations of imports of crude oil and unfinished oils into Districts I - IV and into District V to persons who manufacture from crude oil and unfinished oils (other than crude oil or unfinished oils imported pursuant to clause (4) of paragraph (a) of section 1) and who export finished products and petrochemicals, subject to such designations as the Secretary may make. Provision shall be made in the regulations for the gradual reduction of historical allocations made on the basis of the last allocations of imports of crude oil under the Voluntary Oil Import Program: Provided. That provision shall be made for a more rapid reduction of historical allocations based on allocations made under the Voluntary Oil Import Program which reflected imports of crude oil in the category now covered by clause (4) of paragraph (a) of section 1: Provided furthei^ That the regulations shall provide that no further reduction shall be made in a historical allocation of the class mentioned in the preceding proviso if the reduction provided for the next allocation period would result in a reduced historical allocation which is smaller than an allocation for the same period would be if computed (for the purposes of comparison only) on the basis of a total of refinery inputs (of the holder of the historical allocation) which includes inputs of crude oil and unfinished oils imported pursuant to clause (4) of paragraph (a) of section 1. 3. Effective with respect to shipments made during the calendar year 1968 from Puerto Rico to District V, subparagraph (2) of paragraph (b) of section 3 of Proclamation 3279, as amended, is amended to read as follows: (2) Such regulations shall provide for the allocation of imports of crude oil and unfinished oils into Puerto Rico among persons having

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