Page:United States Statutes at Large Volume 89.djvu/1286

 89 STAT. 1226 ,.,V^^ '"'^''-

PROCLAMATION 4341—JAN. 23, 1975 vested in me by the Constitution and the laws of the United States,

title 1.

19 USC 1862.

19 USC 1862

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including Section 232 of the Trade Expansion Act of 1962, as amended, do hereby proclaim that, effective as of February 1, 1975, a new system of oil import fees is instituted, and accordingly, Proclamation No. 3279, as amended, is hereby further amended as follows:

note.

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1. Subparagraph (1) of paragraph (a) of section 3 is amended to read as follows: SEC. 3 (a)(1). Effective February 1, 1975, the Administrator shall issue allocations and licenses subject to fees, on imports of crude oil, unfinished oils, and finished products. Such licenses shall require, among other appropriate provisions, that: (i) With respect to imports of crude oil and natural gas products, over and above the levels of imports established in Section 2 of this Proclamation, such fees shall be $0.21 per barrel; SECTION

(ii) With respect to imports of motor gasoline, unfinished oils, and all other finished products (except ethane, propane, butanes, and asphalt), over and above the levels of imports established in Section 2 of this Proclamation, such fees shall be $0.63 per barrel; (iii) With respect to imports of crude oil, natural gas products, unfinished oils, and all other finished products (except ethane, propane, butanes, and asphalt) entered into the customs territory of the United States on or after February 1, 1975, there shall be a supplemental fee per barrel, of $1.00, rising to $2.00 on imports entered on or after March 1, 1975, and to $3.00 on imports entered on or after April 1, 1975; (iv) With respect to the fees imposed pursuant to paragraphs .S(a)(1)(i)--(iii), the amount of such fees shall be reduced, on a monthly basis, by an amount equal to any applicable duties paid less any drawbacks received during the same period, except that where duty drawbacks exceed the duty paid during that period, the net differences shall be applied to subsequent periods; (v) With respect to all licenses issued prior to the effective date of this Proclamation, such licen.ses shall be subject to paragraph 3(a)(1) (iii), regardless of whether such licenses were issued as a result of payment of fees or an allocation not subject to fee; (vi) With respect to licenses issued prior to the effective date of this Proclamation, not subject to the license fee prescribed in paragraph 3(a)(1)(i)-(ii) or licenses issued by prepayment of such fees, payment

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