72 B T A T. ]
PUBLIC
LAW 86-869-8EPT. 2, 1968
" (A) distilled spirits for shipment to the United States for the purposes authorized in section 5214(a)(2) and (3); "(BJ distilled spirits for denaturation; " (C) denatured distilled spirits for shipment to the United States: " (D) denatured distilled spirits for use in the manufacture of articles for shipment to the United States; and " (E) articles, manufactured from denatured distilled spirits, for shipment to the United States. "(2) ADVANCE or FUNDS.—The insular government of the Virgin Islands shall advance to the Treasury of the United States such funds as may be required from time to time by the Secretary or his delegate for the purpose of defraying all expenses incurred by the Treasury Department in connection with the enforcement in the Virgin Islanas of paragraph (1) and regulations promulgated thereunder. The funds so advanced shall be deposited in a separate trust fund in the Treasury of the United States and shall be available to the Treasury Department for the purposes of this subsection. " (3) KEGULATIONS ISSUED BY VIRGIN ISLANDS.—The Secretary or
his delegate may authorize the Governor of the Virgin Islands, or his duly authorized agents, to issue or adopt such regulations, to approve such bonds, and to issue, suspend, or revoke such permits, as are necessary to carry out the provisions of this subsection. When regulations have been issued or adopted under this paragraph with concurrence of the Secretary or his delegate he may exempt the Virgin Islands from any provisions of law and regulations otherwise made applicable by the provisions of paragraph (1), except that denatured distilled spirits, articles, and distilled spirits for tax-free purposes which are brought into the United States from the Virgin Islands under the provisions of this subsection shall in all respects conform to the requirements of law and regulations imposed on like products of domestic manufacture. "SEC. 5315. STATUS OF CERTAIN DISTILLED SPIRITS ON JULY 1, 1959. " (a) I N KEGISTERED DISTILLERIES, F R U I T DISTILLERIES, AND INDUSTRIAL ALCOHOL PLANTS.—All distilled spirits which, at the close of
June 30, 1959, are in registered distilleries, registered fruit distilleries, and industrial alcohol plants (including spirits received for redistillation) and which have not been entered for deposit in storage in internal revenue bond or for withdrawal (including transfer or withdrawal for denaturation) as provided by law, shallbe treated as if in the process of production in a distilled spirits plant. " (b) PRODUCED AT REGISTERED DISTILLERIES, F R U I T DISTILLERIES, AND INDUSTRIAL ALCOHOL PLANTS.—All distilled spirits produced at
registered distilleries, registered fruit distilleries, or industrial alcohol plants, which before July 1, 1959, have been entered for deposit in storage in internal revenue bond (including distilled spirits withdrawn for denaturation), and which immediately prior to such date are in registered distilleries, registered fruit distilleries, industrial alcohol plants, internal revenue bonded warehouses, industrial alcohol bonded warehouses, industrial alcohol denaturing plants, and distillery denaturing bonded warehouses, or in transit thereto, shall be stored, transferred, withdrawn, and used under the same conditions as like distilled spirits or denatured distilled spirits produced in a distilled spirits plant. "(c) WITHDRAWN FROM CUSTOMS CUSTODY.—All imported distilled spirits which before July 1, 1959, have been withdrawn from customs custody without payment of the internal revenue tax for transfer to
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