Page:United States Statutes at Large Volume 99 Part 2.djvu/320

 99 STAT. 1430 Prohibition.

Regulations.

PUBLIC LAW 99-198—DEC. 23, 1985

levels as the Secretary determines will best effectuate the purposes of the program established under this section. Notwithstanding any other provision of law, any price restrictions that may otherwise apply to the disposition of agricultural commodities by the Commodity Credit Corporation shall not apply to the redemption of certificates under this section. (d) Insofar as practicable, the Secretary shall permit owners of certificates to designate the commodities and the products thereof, including storage sites thereof, such owners would prefer to receive in exchange for certificates. If any certificate is not presented for redemption, marketing, or exchange within a reasonable number of days after the issuance of such certificate (as determined by the Secretary), reasonable costs of storage and other carrying charges, as determined by the Secretary, shall be deducted from the value of the certificate for the period beginning after such reasonable number of days and ending with the date of the presentation of such certificate to the Commodity Credit Corporation. (e) The Secretary of Agriculture shall take such measures as may be necessary to prevent the marketing or exchange of agricultural commodities and the products thereof for certificates under this section from adversely affecting the income of producers of such commodities or products. (f) Under regulations prescribed by the Secretary of Agriculture, certificates issued to rice exporters under this section may be transferred to other exporters and persons approved by the Secretary. TITLE VII—PEANUTS SUSPENSION OF MARKETING QUOTAS AND ACREAGE ALLOTMENTS

Prohibition. Ante, p. 818.

SEC. 701. The following provisions of the Agricultural Adjustment Act of 1938 shall not be applicable to the 1986 through 1990 crops of peanuts: (1) Subsections (a) through 0') of section 358 (7 U.S.C. 1358(a)-

7 USC 1358 note.

(j)).

7 USC l358a note. 7 USC 1359 note.

(2) Subsections (a) through (h) of section 358a (7 U.S.C. 1358a(a)-(h)). (3) Subsections (a), (b), (d), and (e) of section 359 (7 U.S.C. 1359 (a),(b),(d),(e)). (4) Part I of Subtitle C of title III (7 U.S.C. 1361 et seq.). (5) Section 371 (7 U.S.C. 13711

7 USC note prec. 1361. 7 USC 1371 note.

NATIONAL POUNDAGE QUOTA AND FARM POUNDAGE QUOTA

Prohibition. Ante, p. 818.

SEC. 702. Effective only for the 1986 through 1990 crops of peanuts, section 358 of the Agricultural Adjustment Act of 1938 (7 U.S.C. 1358) is amended by adding at the end thereof the following: "(q)(l) The national poundage quota for peanuts for each of the 1986 through 1990 marketing years shall be established by the Secretary at a level that is equal to the quantity of peanuts (in tons) that the Secretary estimates will be devoted in each such marketing year to domestic edible, seed, and related uses, except that the national poundage quota for any such marketing year shall not be less than 1,100,000 tons. "(2) The national poundage quota for a marketing year shall be announced by the Secretary not later than December 15 preceding such marketing year.

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