Page:United States Statutes at Large Volume 98 Part 1.djvu/1161

 PUBLIC LAW 98-369—JULY 18, 1984

98 STAT. 1118

"SEC. 609. (a) If any facility with respect to which funds have been paid under section 606 shall, at any time within 20 years after the 42 USC 29lf. completion of construction or modernization— "(1) be sold or transferred to any entity (A) which is not qualified to file an application under section 605, or (B) which is 42 USC 29le. not approved as a transferee by the State agency designated pursuant to section 604, or its successor, or 42 USC 29ld. "(2) cease to be a public health center or a public or other nonprofit hospital, outpatient facility, facility for long-term care, or rehabilitation facility, the United States shall be entitled to recover, whether from the transferor or the transferee (or, in the case of a facility which has ceased to be public or nonprofit, from the owners thereof) an amount determined under subsection (c). "(b) The transferor of a facility which is sold or transferred as described in subsection (a)(D, or the owner of a facility the use of .,r;x jgy vi. which is changed as described in subsection (a)(2), shall provide the Secretary written notice of such sale, transfer, or change not later than the expiration of 10 days from the date on which such sale, transfer, or change occurs. "(c)(1) Except as provided in paragraph (2), the amount the United States shall be entitled to recover under subsection (a) is an amount bearing the same ratio to the then value (as determined by the agreement of the parties or in an action brought in the district court of the United States for the district for which the facility involved is situated) of so much of the facility as constituted an approved project or projects as the amount of the Federal participation bore to the cost of the construction or modernization of such project or projects. "(2)(A) After the expiration of— "(i) 180 days after the date of the sale, transfer, or change of use for which a notice is required by subsection (b), in the case of a facility which is sold or transferred or the use of which changes after the date of the enactment of this subsection, or "(ii) thirty days after the date of the enactment of this subsection or if later 180 days after the date of the sale, transfer, or change of use for which a notice is required by subsection (b), in the case of a facility which was sold or transferred or the use of which changed before the date of the enactment of this subsection, the amount which the United States is entitled to recover under paragraph (1) with respect to a facility shall be the amount prescribed by paragraph (1) plus interest, during the period described in subparagraph (B), at a rate (determined by the Secretary) based on the average of the bond equivalent of the weekly ninety-day Treasury bill auction rate^ "(B) The period referred to in subparagraph (A) is the period beginning— "(i) in the case of a facility which was sold or transferred or the use of which changed before the date of the enactment of this subsection, thirty days after such date or if later 180 days after the date of the sale, transfer, or change of use for which a notice is required by subsection (b),

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