Page:United States Statutes at Large Volume 91.djvu/1659

 PUBLIC LAW 95-223—DEC. 28, 1977

91 STAT. 1625

Public Law 95-223 95th Congress An Act With respect to the powers of the President in time of war or national emergency.

Be it enacted by the Senate arul House of Representatives of the United States of America in Congress assembled, TITLE I—AMENDMENTS TO THE TRADING W I T H THE ENEMY ACT

Dec. 28, 1977 [H.R. 7738] Wartime or national emergencies. Presidential powers.

REMOVAL OF NATIONAL EMERGENCY POWERS UNDER THE TRADING W I T H THE E N E M Y ACT

SEC. 101. (a) Section 5(b)(1) of the Trading With the Enemy Act is amended by striking out "or during any other period of national emergency declared by the President" in the text preceding subparagraph (A). (b) Notwithstanding the amendment made by subsection (a), the authorities conferred upon the President by section 5(b) of the Trading With the Enemy Act, which were being exercised with respect to a country on July 1, 1977, as a result of a national emergency declared by the President before such date, may continue to be exercised with respect to such country, except that, unless extended, the exercise of such authorities shall terminate (subject to the savings provisions of the second sentence of section 101(a) of the National Emergencies Act) at the end of the two-year period beginning on the date of enactment of the National Emergencies Act. The President may extend the exercise of such authorities for one-year periods upon a determination for each such extension that the exercise of such authorities with respect to such country for another year is in the national interest of the United States. (c) The termination and extension provisions of subsection (b) of this section supersede the provisions of section 101(a) and of title II of the National Emergencies Act to the extent that the provisions of subsection (b) of this section are inconsistent with those provisions. (d) Paragraph (1) of section 502(a) of the National Emergencies Act is repealed. WARTIME

50 USC app. 5.

Termination or extension, effective date. 50 USC app. 5 note.

50 USC 1601. 50 USC 1601 note.

50 USC 1621. Repeal. 50 USC 1651.

AUTHORITIES

SEC. 102. Section 5(b)(1) of the Trading With the Enemy Act is amended— (1) in the text preceding subparagraph (A), by striking out "or otherwise," the first time it appears; and (2) by striking out "; and the President may, in the manner hereinabove provided, take other and further measures not inconsistent herewith for the enforcement of this subdivision".

Supra.

�