Page:United States Statutes at Large Volume 99 Part 2.djvu/504

 99 STAT. 1614

PUBLIC LAW 99-198—DEC. 23, 1985 (ii) such plan or project become effective on the approval of the Secretary; and (iii) the contracting party— (I) keep accurate records of all relevant transactions of the party; (II) make periodic reports to the Board of— (aa) relevant activities the party has conducted; and (bb) an accounting for funds received and expended under such contract; and (III) make such other reports as the Secretary or Board may require. ASSESSMENTS

7 USC 4809. Ante, p. 1609.

Animals. Ante, p. 1607.

Ante, p. 1612.

Animals.

SEC. 1620. (a)(1) The order shall provide that, not later than 30 days after the effective date of the order under section 1616(c) an assessment shall be paid, in the manner prescribed in the order. Upon the appointment of the Board, the assessments held in escrow shall be distributed to the Board. Except as provided in paragraph (3), Eissessments shall be payable by— (A) each producer for each porcine animal described in subparagraph (A) or (C) of section 1613(8) produced in the United States that is sold or slaughtered for sale; (B) each producer for each porcine animal described in subsection 1613(8)(B) that is sold; and (C) each importer for each porcine animal, pork, or pork product that is imported into the United States. (2) Such assessment shall be collected and remitted to the Board once it is appointed pursuant to section 1619, but, until that time, to the Secretary, who shall promptly proceed to distribute the funds received by him in accordance with the provisions of subsection (c), except that the Secretary shall retain the funds to be received by the Board until such time as the Board is appointed pursuant to section 1619, by— (A) in the case of subparagraph (A) of paragraph (1), the purchaser of the porcine animal referred to in such subparagraph; (B) in the Case of subparagraph (B) of paragraph (1), the producer of the porcine animal referred to in such subparagraph; and (C) in the case of subparagraph (C) of paragraph (1), the importer referred to in such subparagraph. (3) A person is not required to pay an assessment for a porcine animal, pork, or pork product under paragraph (1) if such person proves to the Board that an assessment was paid previously under such paragraph by a person for such porcine animal (of the same category described in subparagraph (A), (B), or (C) of section 1613(8)), pork, or pork product. (b)(1) Except as provided in paragraph (2), the rate of assessment prescribed by the initial order shall be the lesser of— (A) 0.25 percent of the market value of the porcine animal, pork, or pork product sold or imported; or (B) an amount established by the Secretary based on a recommendation of the Delegate Body. (2) Except as provided in paragraph (3), the rate of assessment in the initial order may be increased by not more than 0.1 percent per year on recommendation of the Delegate Body.

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