Page:United States Statutes at Large Volume 88 Part 2.djvu/701

 88 STAT. ]

PUBLIC LAW 93-618-JAN. 3, 1975


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(3) No proclamation providing for a suspension referred to in paragraph (1) with respect to any article shall be made under subsection (a) or (c) unless the Commission, in addition to making an affirmative determination with respect to such article under section 201(b), determines in the course of its investigation under section 201(b) that the serious injury (or threat thereof) substantially caused by imports to the domestic industry producing a like or directly competitive article results from the application of item 806.30 or item 807.00. (4) No proclamation which provides solely for a suspension referred to in paragraph (2) with respect to any article shall be made under subsection (a) or (c) unless the Commission, in addition to making an affirmative determination with respect to such article under section 201(b), determines in the course of its investif>:ation under section 201(b) that the serious injury (or threat thereof) substantially caused by imports to the domestic industry producing a like or directly competitive article results from the des'flrnation of the article as an eligible article for the purposes of title V. ^°®f' P- ^oee. (g)(1) The President shall by regulations provide for the efficient Regulations;. and fair administration of any quantitative restriction proclaimed pursuant to subsection (a)(3) or (c). (2) In order to carry out an agreement concluded under subsection (a)(4), (a)(5), or (e)(2), the President is authorized to prescribe regulations governing the entry or withdrawal from warehouse of articles covered by such agreement. In addition, in order to carry out any agreement concluded under subsection (a)(4), (a)(5), or (e)(2) with one or more countries accounting for a major part of United States imports of the article covered by such agreements, including imports into a major geographic area of the United S'ates, the President is authorized to issue regulations governing the entry or withdrawal from warehouse of like articles which are the product of countries not parties to such agreement. (3) Regulations prescribed under this subsection shall, to the extent practicable and consistent with efficient and fair administration, insure against inequitable sharing of imports by a relatively small number of the larger importers. (h)(1) Any import relief provided pursuant to this section shall, import relief, unless renewed pursuant to paragraph (3), terminate no later than t^"""'"^"""the close of the day which is 5 years after the day on which import relief with respect to the article in question first took effect pursuant to this section. (2) To the extent feasible, any import relief provided pursuant to this section for a period of more than 3 years shall be phased down during the period of such relief, with the first reduction of relief taking effect no later than the close of the day which is 3 years after the day on which such relief first took effect. (3) Any import relief provided pursuant to this section or section 351 or 352 of the Trade Expansion Act of 1962 may be extended by the 19 USC 1981, President, at a level of relief no greater than the level in effect ^^^^" immediately before such extension, for one 3-year period if the President determines, after taking into account the advice received from the Commission under subsection (i)(2) and after taking into account the considerations described in section 202(c), that such extension is ^"'e- p- 2014. in the national interest.

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