67
STAT.]
(e) Such sums as may be required for the foregoing purposes may be provided out of the proceeds of disposal, and annual budgets for the expenses necessary for such purposes shall be submitted in accordance with the Government Corporation Control Act of 1945, as amended (59 Stat. 597, 31 U.S.C. 841). (f) Notwithstanding any other provisions of this Act, the Commission may, after securing the advice of the Attorney General as to whether the proposed lease would tend to create or maintain a situation inconsistent with the antitrust laws, enter into leases for the alcohol-butadiene facilities for a period of not less than one year, nor more than three years: Provided, That any such lease shall contain among other things (1) a national security clause, and (2) provisions for the recapture of such facilities by the Government and the termination of the lease, if the President determines that the national interest so requires. Not less than sixty days prior to said lease the Commission shall request such advice from the Attorney General who shall give the same within forty-five days of the receipt of such request. SEC. 10. A t the expiration of one year after the transfer period or as soon thereafter as the Congress is in session, the President shall report to the Congress concerning the Nation's rubber requirements and resources, and the need, if any, for further research by the Government relative to the production or use of synthetic rubbe'r and its component materials. SEC. 11. The term "rubber-producing facilities" as used in this Act shall not include the Government-owned evaluation laboratory at Akron, Ohio. SEC. 12. All final net proceeds from disposal of the rubber-producing facilities shall be covered into the Treasury as miscellaneous receipts except as otherwise provided by this Act. SEC. 13. The sales, leases, or other dispositions made prior to the enactment of this Act, pursuant to section 9(b) of the Rubber Act of 1948, as amended, shall not be affected by this Act. SEC. 14. Notwithstanding the provisions of section 20 of the Rubber Act of 1948, as amended, (1) if no report is submitted by the Commission, or if the report submitted by the Commission pursuant to section 9 of this Act is disapproved in its entirety, then the Rubber Act of 1948, as amended, shall be extended until March 31, 1956; and (2) if the Commission submits a report and it is not disapproved in its entirety, the Rubber Act of 1948, as amended, shall terminate at the termination of the transfer period as provided in section 7(i) of this Act. SEC. 15. Thirty days following the receipt of proposals, as provided in section 7 of this Act, the Commission shall submit to the Congress a report stating the amount of funds expended by or obligated by the operating agency for the repair, replacement, additions, improvements, or maintenance of each synthetic rubber-producing facility for which proposals have been submitted. Thereafter reports shall be made monthly until such "time as the Congress shall have permitted or disapproved in whole or in part the disposal recommended by the Commission. SEC. 16. In arriving at its recommendations for the disposal of the facilities, the Commission shall use, as the basis for negotiating the sale of each facility the highest amount proposed to be paid for each facility, if, in the opinion of the Commission, the highest amount proposed to be paid was a bona fide proposal and was submittted by a person competent to operate a rubber-producing facility: Provided, That the words "competent to operate a rubber-producing facility" shall not be interpreted so as to require prior experience in the operation of a rubber-producing facility: Provided further, That in using 27000 O - 53 - 29
413
PUBLIC LAW 20 5-AUG. 7, 1953
Annual budget.
Leases.
Requirements.
Report to gress.
Con-
Laboratory, Akron, Ohio.
62 Stat. 105. 50 USC app. 1928. R u b b e r Act of 1948. E x t e n s i o n or termination.
50 USC 1938.
app.
Report of e X • penditures, e t c.
B a s i s for negotiating s a l e.
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