Page:United States Statutes at Large Volume 94 Part 1.djvu/730

 94 STAT. 680

Ante, p. 644.

PUBLIC LAW 96-294—JUNE 30, 1980 timely commercial production in the United States even if the Corporation provided financial assistance; (2) the project will receive financial assistance from the government of the country in which the project is located; (3) the synthetic fuel produced by such project will be available to users in the United States in quantities the Corporation determines to be equitable considering the nature and amounts of financial assistance; and (4) all technology, patents, and trade secrets developed in connection with such project shall be available to citizens of the United States through rights in the Corporation or through licensing at reasonable cost for use in the United States, (c) There is authorized for the purpose of this section not to exceed 10 percent of the aggregate obligational authority under section 152(a). Such authorization shall terminate upon approval of the comprehensive production strategy pursuant to section 126(c). COMPLETION GUARANTEE STUDY

42 USC 8780.

Report and recommendations.

SEC. 180. The Corporation shall conduct a study of supplemental financial protection for lenders including completion guarantees and other mechanisms to ascertain the desirability of employing such mechanisms to enlarge the number of potential participants in the synthetic fuel development program. A report on such study and recommendations based thereon shall be included in the comprehensive strategy submitted under section 12603). SUBTITLE I—DISPOSAL OF ASSETS TANGIBLE ASSETS

42 USC 8781.

Notice. Publication in Federal Register. Notification to President, Senate committee and Speaker of the House.

SEC. 181. (a)(1) The Corporation, by and through its Board of Directors, is authorized, from time to time, on the basis of the criteria of subsection (b), to dispose of any portion or all of the tangible assets of the Corporation when such disposal is in the best interests of the Corporation for purposes of carrying out the provisions of this part either— (A) on the basis of competitive bids, by selling to any person or concern any portion of the assets of the Corporation; or (B) by transferring to a Federal agency of any portion or all of the tangible assets of the Corporation; or (C) on the basis of a negotiated contract, consistent with paragraph (2), by selling to a person or concern any portion or all of the tangible assets of the Corporation. (2) With regard to the sale of tangible assets pursuant to subsection (a)(1)(C), the Corporation shall— (A) publish in the Federal Register notice of the proposed sale of such asset; (B) convene a prospective bidders conference; and (C) no earlier than thirty days after such notice and conference, undertake negotiations for the sale of such asset. (3) At least thirty days prior to the disposal of any tangible asset pursuant to paragraph (1), the Corporation shall notify the President, the Senate Committee on Energy and Natural Resources and the Speaker of the House of Representatives of the intended disposal of such tangible asset.

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